Platts JKM derivatives poised for weaker summer prices, steeper contango
January 31, 2024 Comments Off
Derivatives of Platts JKM, the benchmark price reflecting LNG delivered to Northeast Asia, are likely to soften further going ahead — widening the contango between the summer 2024 and winter 2025 values –, as Asia prepares to exit a mild winter with healthy inventories, according to trade participants. The JKM derivatives for the first half of 2024 have consistently been…
Platts JKM derivatives poised for weaker summer prices, steeper contango
Derivatives of Platts JKM, the benchmark price reflecting LNG delivered to Northeast Asia, are likely to soften further going ahead — widening the contango between the summer 2024 and winter 2025 values –, as Asia prepares to exit a mild winter with healthy inventories, according to trade participants. The JKM derivatives for the first half of 2024 have consistently been…
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