Spot LNG prices in Northeast Asia will remain under pressure through the summer. With contracted supplies largely meeting import requirements, spot prices will see little support and are likely to average around $5.6/MMBtu in Q3.
The NBP month-ahead has averaged around 36 p/th during the first half of July. However, weak demand will put pressure on prices, causing them to drop. The NBP month-ahead is likely to average around 34 p/th in Q3.
There will be further upside for Henry Hub front-month futures and spot prices over...
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