The decline in gas prices in America with the expectations of the low demand
Futures for natural gas contracts in the NIMEX exchange exchanges of the United States fell on Monday, in light of the expectations for the improvement of the weather in the eastern part of the United States, which means decreasing demand for heating fuel.
The Bloomberg News Agency reported that the price of futures for the delivery of next month decreased by 11.7 cents, or 3.6% to 3.128 dollars per million calories by ten and 11 minutes in the morning East Coast time of the United States.
According to the predictions of the Atosfirric G2 Foundation, the weather will be warm in the eastern United States during the period from 26 to 30 April.
China’s purchases decline
At the same time, China’s purchases of American LNG fell to Safar last March after a sharp decrease in the previous two months, while the trade war between the two largest shipments changed.
The Chinese official customs data issued on Sunday stated that the total imports of American LNG shipments in the first quarter of 2025 decreased by 70%, according to Bloomberg News Agency.
Renewed the geopolitical conflict is the link between the largest buyer and liquefied natural gas seller.
An escalation in mutual customs duties prompted China to impose 125% fees on all American commodities, and turned into Indonesia and Qatar in order to obtain supplies.
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