Commodity Market Report
Global gas & LNG weekly summary: 30 Mar 2023
Report summary
NE Asia held the premium over TTF through the Sept contract as of last week. That reversed this week as prices through the first two months dropped by about 4%. Henry Hub dropped as well with the Apr contract settling just below $2. This is the first sub-$2.00 settle we have seen on Henry Hub since global LNG was stranded back to the US in the peak of the pandemic. Despite the weak prices, global markets are still waiting to see price sensitive demand materialize and tighten markets. As of right now, we have yet to see any material changes in demand.
Table of contents
-
Fundamentals remain flat week-over-week as NE Asia prices dip below TTF
- 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 29 Mar 2023
What's included
This report contains:
Other reports you may be interested in
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
Commodity Market Report
Global gas & LNG weekly summary: 04 April 2024
Sustained electric heating demand in Japan leaves LNG inventory levels low, prompting fuel-saving measures
$4,000
Commodity Market Report
Global gas & LNG weekly summary: 18 April 2024
Geopolitics and upcoming Norwegian maintenance overshadow global LNG price movements
$4,000