Executive Summary Market overview
- Spot LNG prices in Asia remain weak at the peak of summer, with prices likely to average around $5.6/MMBtu in Q3. Prices are expected to be weighed down by strong supply and weak requirements for spot LNG.
- The NBP month-ahead averaged around 36 p/th during the first half of July. Prices are expected to come under pressure from weak demand over the coming weeks, with the NBP month-ahead likely to average around 34 p/th in Q3.
- The Henry Hub front-month futures price is being supported by...