Pacific LNG: Key market indicators for Oct 28-Nov 1

Platts JKM, the benchmark price reflecting LNG delivered to Northeast Asia, is projected to correct to a more reasonable level, aligning with bearish fundamentals in the region, following a five-day streak of increases. Platts, part of S&P Global Commodity Insights, assessed the December JKM price at $14.161/MMBtu on Oct. 25, indicating a weekly increase of 89 cents/MMBtu. In contrast, Platts…Platts JKM, the benchmark price reflecting LNG delivered to Northeast Asia, is projected to correct to a more reasonable level, aligning with bearish fundamentals in the region, following a five-day streak of increases. Platts, part of S&P Global Commodity Insights, assessed the December JKM price at $14.161/MMBtu on Oct. 25, indicating a weekly increase of 89 cents/MMBtu. In contrast, Platts…Read More