Asia Pacific spot LNG prices are under pressure from a ramp-up in supply and weak appetite for spot. Spot prices are around $5.0-5.5/MMBtu, and further gains over the peak of the summer are set to be limited.
The NBP month-ahead was around 34-35 p/th in the middle of June. However, the NBP day-ahead dropped to a low of 25 p/th in the middle of the month before recovering to 34 p/th.
A mild start to the summer in the United States has weighed on the Henry...
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