Commodity Market Report
Global gas & LNG weekly summary: 28 Sep 2023
Report summary
TTF contango lessens as strike risks subside and oversupply heading into winter begins to take front stage again As of 27 Sep, forward prices along the Henry Hub curve declined slightly. On Wednesday, the Henry Hub October contract settled at $2.76. Australian strikes have been called off, and TTF’s contango lessened this week, with October increasing by 5% week-on-week and the rest of the curve posting declines. This narrowed the Oct/Nov spread by about 70 cents. NE Asia prices saw notable increases, with the front of the curve raising by ~9% and the winter months averaging an increase of ~6%. February is now at $17.6 when peak demand is expected.
Table of contents
-
TTF contango lessens as strike risks subside and oversupply heading into winter begins to take front stage again
- Download the PDF and Excel datapack in the reports download section
Tables and charts
This report includes 1 images and tables including:
- Prices as of 27 Sep 2023
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global gas & LNG weekly summary: 28 March 2024
Carbon prices continue to impact global LNG Prices as winter draws to an end
$4,000
Commodity Market Report
Global gas & LNG weekly summary: 25 April 2024
EGAS makes progress in securing cargoe for summer while second-tier buyers pick up activity in the current price market
$4,000
Commodity Market Report
Global gas & LNG weekly summary: 11 April 2024
Northeast Asia spot price slows tendering activity while US sanctions continue to adversely influence Artic LNG prospects
$4,000