Commodity Market Report
Global gas & LNG weekly summary: 25 Jan 2024
Report summary
LNG markets settle after global cold snaps Feb TTF settled at $9.2/mmbtu, a 5% increase, this followed a midweek dip ($8.5/mmbtu), which set a new six-month low. NE Asia prices decreased to $9.3/mmbtu, with a 2.1% decline, while HH prices dropped to $2.7/mmbtu. Feb TTF prices remained at the bottom of the coal-to-gas switching range, maintaining the incentive for gas-fired generation.
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LNG markets settle after global cold snaps
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- Prices as of 24 Jan 2024
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