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

HOUSTON (ICIS) – The TTF front-month contract has fallen by 31% since the start of October. 

The TTF’s premium over the East Asia Index (EAX) was nearly $13.00/MMBtu at the beginning of October and has since narrowed to less than $5.50/MMBtu as the outright price has fallen as well. Price spreads to other European hubs have also narrowed in recent sessions. 

The week saw some demand for LNG cargoes for December delivery, with South Korea coming to the market with long-term demand. 

Europe saw its third highest ever imports in October, and the week saw Greek companies securing unloading slots at the Revithoussa...