--DES Northeast Asia

The temperatures in north and northeast China turned colder, raising expectations for a pickup in gas demand for heating purposes. As a matter of fact, LNG prices by truck strengthened in the country, stimulating spot buying interest among Chinese players. Many Chinese players so far refrained from seeking spot LNG cargoes, wary of a slump in domestic prices. But a source at a Japanese enterprise said, "If a cold spell persists going forward, it would be no surprising to see Chinese players raise buy ideas for prompt delivery to $10.50-11.00 and actually step forward to make procurements." But an economic slowdown is hammering LNG demand from the industrial sector in China, so that lower temperatures apparently do not suffice to motivate the country's importers to seek spot cargoes.

--FOB Middle East, DES South Asia and the Middle East

India's state-owned GAIL picked up one cargo for Nov 21-23 delivery to the 5 mil mt/year Hajira terminal in the mid to high $10 level in a buy tender on a DES basis closed on Oct 15.

--FOB Atlantic, DES Europe and South America

Turkey's state-owned BOTAS bought a total of 11 cargoes to be delivered in October 2025 to March 2026: two cargoes per month for October to February delivery and one cargo for March delivery at discounts of 40-50cts to Dutch Title Transfer Facility (TTF) .