ASIA LNG MOC: February derivatives LNG trading reaches record high amid weak fundamentals

Physical trading activity in the Asian Platts Market on Close assessment process slowed for February amid ample inventories and muted Northeast Asian demand, an analysis of data from Platts, part of S&P Global Energy, showed. The total number of bids, offers, and trades reported during the physical MOC reached 512 over the February pricing period, from Jan. 16 to Feb. 15, down 23.4% month overPhysical trading activity in the Asian Platts Market on Close assessment process slowed for February amid ample inventories and muted Northeast Asian demand, an analysis of data from Platts, part of S&P Global Energy, showed. The total number of bids, offers, and trades reported during the physical MOC reached 512 over the February pricing period, from Jan. 16 to Feb. 15, down 23.4% month overRead More