Commodity Market Report
LNG short-term outlook: January 2023
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
While recent cold weather has accelerated withdrawals in Europe, the system remains awash with gas. European hub prices have softened to fundamental levels in search of a demand response through January. Regas competition has eased, triggering a price reconnect between TTF and LNG NW Europe DES. Asian LNG spot prices trade at a premium to European LNG, but demand has been slow to pick up amid a lack of liquidity. The strength of the demand response will dictate where prices settle through 2023.
Table of contents
- Prices tumble further as the market seeks additional demand
Tables and charts
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- Updated: 27 January 2023
What's included
This report contains:
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