Market Insight

DAILY MARKET REPORT – 21/03/2024 A bearish session seen yesterday after a few bullish ones towards the end of last week and then a flat one on Tuesday. As said yesterday, the fundamental outlook remains unchanged of late and so the market seems to have found an area of comfort…

DAILY MARKET REPORT – 20/03/2024 A flat session seen yesterday after a steady rise in the last few sessions. No real change to fundamentals with seasonal normal temperatures expected for the weeks ahead, plenty of gas in store and LNG vessels still arriving for the weeks ahead despite increased interest…

DAILY MARKET REPORT – 19/03/2024 Another aggressive uptick in yesterdays session as Far Eastern demand for LNG appears to be increasing in recent days. Asian market prices have been rising steadily in recent sessions and European markets have rallied to compete. Yesterday saw the TTF Front Month contract settle at…

DAILY MARKET REPORT – 18/03/2024 An uptick in prices in recent sessions as the market deals with some news. With earthquake activity in Japan, increasing demand for LNG in China and continued attacks on shipping in the Red Sea – coupled with more local supply blips like those seen today…

DAILY MARKET REPORT – 15/03/2024 Bit of an uptick in yesterdays session, mostly on concern around an earthquake in Japan which may lead to increased demand for LNG. The latest long term temperature forecasts show little change to the previous, and storage is now just below 60% – still an…

DAILY MARKET REPORT – 14/03/2024 Another flat session yesterday with little movement overall as we seem to have found a holding area for now. No change to the overall outlook in terms of the fundamentals. Temperatures holding steady and plenty of gas held in store to get us underway for the…

DAILY MARKET REPORT – 13/03/2024 A fairly flat session in the end following Mondays aggressive start, unwinding the gains seen towards the end of last week. We seem to have found a new area of comfort for now as we quicky head towards the end of winter delivery with plenty…

DAILY MARKET REPORT – 12/03/2024 A bearish session to get the week underway after a topsy turvy set of sessions seen last week. The latest long term weather runs show an improved outlook with temperatures now expected to stay above seasonal normal until late March and then very close to…

DAILY MARKET REPORT – 11/03/2024 A fairly calm session on Friday after a jumpy week in both directions. Nyhamna is currently on unplanned outage, which may impact the market in the short term, but otherwise things remain unchanged with warmer than seasonal normal temperatures expected this week. Friday saw the…