Spot prices in Northeast Asia have remained flat at $19.40 per million Btu amid early signs of softer demand, and in Southwest Europe slipped 200 to $14.50/MMBtu amid little domestic interest, according to WGI assessments for cargoes for delivery four to eight weeks ahead. The day-ahead price at (he UK's National Balancing Point (NBP) fell 150 to $10.51/MMBtu on forecasts of milder weather, as assessed by WGI, while March futures were down 180 at $10.24/MMBtu. Netbacks for Mideast sellers were more than $4 higher on Asian than Southwest Europe deliveries, while UK and Belgian netbacks for Mideast sellers lagged Asia by over $9.
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