Executive Summary: Market overview
Northeast Asian spot LNG prices are weak at the peak of the summer at roughly $5.5-6/MMBtu in mid-August. Although gains are likely during the winter peak, they will be modest. GGA expects prices to average around $7/MMBtu in Q1 2018.
The NBP month-ahead was around 42-43 p/th in mid-August, having received support from supply problems. Although prices are likely to rise at the start of the winter, gains look likely to be limited. GGA expects the NBP month-ahead to average around 43 p/th in Q4.
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