Regional Price Disparities

While the US benchmark is expected to rise by 8% this year, European prices are projected to surge by 25%. The lack of Middle Eastern LNG is forcing a massive rebuilding of global inventories ahead of next winter.

Production and Feedstock Demand

US production has shown signs of stabilization, but the structural demand for LNG exports remains the primary price anchor. Higher input costs for fertilizer production are also providing a feedback loop for natural gas pricing.