Editor’s Note: This content is provided courtesy of Independent Commodity Intelligence Services (ICIS). Visit natgasintel.com/icis for more information.

SINGAPORE (ICIS) — After a period of relative weakness, the ICIS TTF November ‘22 market rose by 3% on Wednesday with a similar gain early on Thursday as the premium to East Asia remained very wide.

A steady supply of natural gas into Europe and relatively mild weather have helped the TTF remain relatively stable in recent sessions.

LNG imports remain Europe’s largest source of gas supply.

European gas prices continue to be a key price driver of East Asian spot LNG.

While sources remain divided over December delivery prices in Europe, physical demand for December is expected to increase in the Pacific Basin, driven...