Good Project-Development Market for Well-Funded Importers

摘要

With construction costs tumbling, interest rates low, and natural gas at record discounts to petroleum, LNG buyers with access to capital have plenty of room to negotiate supply and terminal construction contracts. While oil prices are holding steady, prices for other raw materials, including steel, aluminum and natural gas, are soft, creating a buyer's opportunity A metric ton of flat-rolled steel plate, which a year ago was trading at $1,300 per ton in Asian markets, was trading between $550 and $560 per ton for September delivery on August 19. Likewise, a ton of aluminum, which a year ago was trading for more than $2,700, is trading around $1,900.