TradeWinds News: China sending out bearish signals on LNG demand, Poten says

October 24, 2024 Weak growth in the nation’s property sector was one factor cited by Poten Asia Pacific senior analyst Irwin Yeo in a winter 2024-2025 outlook webinar. He said “government economic stimulus measures will be slow to percolate down and in some cases may prove inadequate.” Poten senior analyst, Europe & Africa Steven Swindells said that in Europe market players appear “comfortable” with underground stocks over 95% full, not as much floating storage as last year and no constraints on regasification capacity. Poten global head of business intelligence Jason Feer said that the “LNG markets been quiet overall.”

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