Report from London shipbrokers gives account of dramas in the North Asian LNG market surge
Thursday, 14 January 2021
A trading chronicle of the last month of LNG shipbroking activities captured the revival of the North Asian markets with the “miraculous upward trajectory” of LNG prices, helped by a variety of factors such as plant outages in all Basins, South Korean coal caps, Chinese coal restrictions, while favourable arbitrage conditions were further helped by hold-ups in the Panama Canal.
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