As traders begin to evaluate freight positions to cover the winter period, Spark25 Pacific December prices have stabilised.
Despite falls since last December’s highs ($123,500), the assessments for December 20 delivery have remained relatively flat, increasing by $1500/day over the last 2 weeks to $75,000/day.
As December contracts for both FE LNG and TTF increase, it remains unclear how winter LNG freight rates will react.
Follow Spark Commodities on Twitter for updates on LNG freight rates:
[tfws username=”SparkCommo” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]
