Asian LNG physical MOC activity falls 53% in August; derivatives hit YTD high

The total number of bids, offers and trades reported during the physical Platts Market on Close assessment process in August declined as the market entered the post-summer shoulder period, with market uncertainty dampening buying interest, according to S&P Global Commodity Insights data and market feedback. The physical MOC in August saw 14 entities report 132 bids, offers and trades, down…The total number of bids, offers and trades reported during the physical Platts Market on Close assessment process in August declined as the market entered the post-summer shoulder period, with market uncertainty dampening buying interest, according to S&P Global Commodity Insights data and market feedback. The physical MOC in August saw 14 entities report 132 bids, offers and trades, down…Read More