LNG Bunker Snapshot: Rotterdam price declines on weaker premiums

AI Summary

LNG bunker prices in Rotterdam have fallen by $27 per metric ton, driven by a reduction in LNG bunker premiums and a decrease in the Dutch TTF natural gas benchmark price. This reflects weakening demand and market adjustments in European natural gas shipping costs.

Rotterdam Rotterdam’s LNG bunker price has fallen by $27/mt over the past week to $853/mt, driven largely by a 7% decline in LNG bunker premiums, which dropped from around $134/mt, to $125/mt. The front-month Dutch TTF Natural Gas contract, Europe’s benchmark gas price, also eased by 2%, adding further downward pressure to LNG bunker prices. ...