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LNG market riding high, but will the gains continue?

The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due to freezing temperatures and tight vessel supply. However, the current market conditions are poles apart from the supply-demand fundamentals with the market slated to be in super-backwardation. ...

The post LNG market riding high, but will the gains continue? first appeared on Hellenic Shipping News Worldwide.

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The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due to freezing temperatures and tight vessel supply. However, the current market conditions are poles apart from the supply-demand fundamentals with the market slated to be in super-backwardation. ...

The post LNG market riding high, but will the gains continue? first appeared on Hellenic Shipping News Worldwide. [post_title] => LNG market riding high, but will the gains continue? [post_excerpt] => The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due to freezing temperatures and tight vessel supply. However, the current market conditions are poles apart... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => lng-market-riding-high-but-will-the-gains-continue [to_ping] => [pinged] => [post_modified] => 2021-01-19 22:00:58 [post_modified_gmt] => 2021-01-19 22:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=850653 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )