Executive Summary Forecasts

November 2017
  • Spot LNG prices in Northeast Asia are up to around $9.5-10/MMBtu for early Q1 delivery. The early winter rally that drove prices up is set to be followed by further gains going into the peak winter demand period.
  • The NBP month-ahead was up to around 52-54 p/th in mid-November supported by colder temperatures which dominated much of the UK during the first half of the month. The NBP is likely to make further gains - GGA expects average prices in January 2018 will be around 57.6...

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