Insight
LNG short-term webinar: 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.
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