Our May chart of the month looks at what’s behind the US Gulf Coast LNG contract pricing dynamics.
We last looked at the US Gulf Coast LNG price marker in our April 2020 report. A year later, market dynamics could not be more different. USGC prices are now far above US LNG shut-in levels, and export trains are producing at or near full capacity. In this issue, learn how market dynamics have caused the shift in pricing.
This is part of our regular ‘Chart of the Month’ insight series. Every month, CME Group publishes exclusive insights from gas market analysts at Timera Energy. Each chart looks at a lesser-known aspect of the global natural gas markets, coupled with a sharp, succinct explanation. If you are a gas trader looking for an edge, sign up to download the latest chart.