Spot LNG prices in Northeast Asia were around $11.5/MMBtu by mid-October, and gains in prices are expected over the peak of winter. Despite the forecast for mild temperatures in Q4, higher import requirements will support price rises.
The NBP month-ahead hit a 10-year high in late September, peaking at 77.7 p/th, but prices had eased to around 71 p/th by mid-October. While seasonal gains in European hub prices are anticipated during the peak of winter, they are likely to be moderate.
The Henry Hub front-month futures...
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