Commodity Market Report
LNG short-term outlook: March 2023
Report summary
European gas prices have slid further in March in a very well-stocked market, while discussions to limit deliveries of Russian LNG cargoes into Europe have created some uncertainty. The discount of LNG NW European prices vs. TTF has slightly reduced with some reshuffling of cargoes in France. Asian LNG spot prices retain a small premium to European LNG prices with some small opportunistic buying taking place lately. However, the market will struggle to accommodate a large sustained structural recovery.
Table of contents
- Despite some opportunistic buying, the market is still seeking a tangible demand support
Tables and charts
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- Updated: 29 March 2023
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