Commodity Market Report

LNG short-term outlook: November 2022

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Following a warmer-than-usual October, November also turned out to be mild in both Europe and Asia, which allowed stock levels to increase further. As temperatures fell in mid-November, heating demand picked up and withdrawals started. Europe was able to increase imports – November is on track to set a record for the region. Asian patterns on the other hand didn’t change – Japan, Korea and China still have high stock levels, and don’t show any signs of increasing spot activity.

Table of contents

  • Delayed winter starts with strong fundamentals: will prices continue rising?

Tables and charts

This report includes 1 images and tables including:

  • Updated: 30 November 2022

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  • Document

    LNG Short Term Outlook.pdf

    PDF 2.29 MB

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    Short Term Outlook (Data).xlsx

    XLSX 301.61 KB