Winter stock building for the Northern Hemisphere is fast approaching and all eyes are on Asia.
Asked about where prices are headed in the region, one trader at a preview event for CWC’s World LNG Summit jolted his thumb upwards and said he expects a juicy spot market as a result of demand spikes.
Already anticipation about Japan’s appetite this winter has pushed spot prices in that country above $17 per million British thermal units for the first time since before the market slump.
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