global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
Global LNG Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global LNG Hub
No Result
View All Result
Home LNG Contracts & Pricing

JKM-TTF price spread at highest level year to date

Editor by Editor
8 months ago
Reading Time: 1 min read
JKM-prices
Share on FacebookShare on TwitterShare on Linkedin

JKM’s premium over TTF rose yesterday to its highest level year-to-date at $2.7/mmbtu, indicating that Asia is set to dominate the LNG market ahead of winter.

RELATED POSTS

LNG-prices

Review of natural gas and LNG prices

5 days ago
benchmark-gas-prices

Natural gas prices down significantly across all key markets in April

2 weeks ago
LNG prices

Review of natural gas and LNG prices

2 weeks ago

The spread between JKM and TTF rose gradually through the year, from an average of just $0.5/mmbtu in Q1 to an average of over $1.5/mmbtu in Q3.

There are several factors driving this wider spread:

(1) robust Asian demand: both China and India are back with full strength, displaying near double-digit growth rates. higher domestic demand is set to drive their LNG imports to new record highs this year;

(2) weak European fundamentals: in contrast with Asia, Europe’s natural gas demand remained depressed through 2024, primarily due to lower gas burn in the power sector amid the rapid expansion of renewables;

(3) storage: while Europe’s storage sites are now nearly full, Asia has limited storage capabilities. moreover, Japan’s LNG stocks are now standing 6% below their 5y average.

This means that northeast Asian markets rely more on LNG for seasonal demand balancing, which in turns supports JKM’s premium over TTF ahead of the winter season.

(4) Ukraine transit: yesterday’s rumours on a potential Azerbaijan-Ukraine gas transit deal drove down TTF by 6%, while Asian markets did not have time yet to react.

What is your view? How will the JKM-TTF spread evolve over the winter time? Are we back in the good old days when TTF was structurally lower than JKM?

Source: Greg MOLNAR


RELATED POSTS

LNG-prices

Review of natural gas and LNG prices

5 days ago
benchmark-gas-prices

Natural gas prices down significantly across all key markets in April

2 weeks ago
LNG prices

Review of natural gas and LNG prices

2 weeks ago
Tags: Greg MolnarJKM pricesJKM-TTF spreadTTF prices
Editor

Editor

Related Posts

LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

5 days ago
benchmark-gas-prices
LNG Contracts & Pricing

Natural gas prices down significantly across all key markets in April

2 weeks ago
LNG prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

2 weeks ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

3 weeks ago
Chinas-gas-consumption
LNG Contracts & Pricing

China’s role in the global LNG market may become less dominant

3 weeks ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

4 weeks ago
No Result
View All Result

Trending Posts

benchmark-gas-prices

Natural gas prices down significantly across all key markets in April

May 1, 2025
LNG-exports

Russia aiming to increase LNG exports by 100bcm by 2030

April 22, 2025
LNG-prices

Review of natural gas and LNG prices

April 16, 2025

Recent Post

LNG-prices

Review of natural gas and LNG prices

May 7, 2025
benchmark-gas-prices

Natural gas prices down significantly across all key markets in April

May 1, 2025
LNG prices

Review of natural gas and LNG prices

April 30, 2025
LNG-prices

Review of natural gas and LNG prices

April 23, 2025
Chinas-gas-consumption

China’s role in the global LNG market may become less dominant

April 23, 2025
LNG-exports

Russia aiming to increase LNG exports by 100bcm by 2030

April 22, 2025
LNG-HUB-Logo

Online platform for sharing analysis and information on Global and regional LNG markets. Weekly newsletter each Wednesday more info

Categories

  • Asian LNG
  • Australian LNG
  • European LNG
  • Global LNG
  • LNG Africa
  • LNG Bunkering
  • LNG Latin America
  • LNG North America
  • LNG Projects
  • LNG Trade and Pricing
  • Middle East LNG
  • Small Scale LNG
  • FLNG

Recent Posts

Review of natural gas and LNG prices

Natural gas prices down significantly across all key markets in April

Review of natural gas and LNG prices

Energise your Wednesday!

Sign up to receive our weekly newsletter with new LNG market reports, presentations & analysis. Every Wednesday!

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.