Spot LNG prices in Northeast Asia are set to fall as strong supply and weak seasonal demand increase the pressure on prices at the peak of winter. GGA forecasts the average regional spot price for February delivery will be around $8.5/MMBtu.
The NBP month-ahead has fallen at the peak of winter, and further declines are anticipated. Mild temperatures in large demand areas have pushed prices down, with the NBP month-ahead down to just 59-62 p/th by the middle of January. Strong flows into the region...
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