Commodity Market Report
LNG short-term outlook: January 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
January prices continue to slide as European inventories remain above the 5-year average for this time of year. Cold snaps have been largely unsuccessful in relieving downward pressure on prices, but likely contributed towards day-ahead prices temporarily overtaking month-ahead prices earlier this month. Despite cooler than average temperatures in some parts of China, Asian prices have remained stagnant as demand remains sporadic in the region; spreads between Europe and Asia have narrowed since last month and currently sits at just over $1.
Table of contents
- January prices slide further
Tables and charts
This report includes the following images and tables:
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Updated: 29 January 2024
What's included
This report contains:
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