This China pollution crackdown is delivering some pretty interesting outcomes. Its clearly been good for iron ore, copper, graphite/lithium as China have been shutting down poor quality mines. As it turns out, in the last quarter of 2017 they also started a huge gasification program to knock some coal out of the electricity generation mix:
Re ORG: thats circa 40%-50% growth in LNG imports by China in 2017, depending where you read. I'm reading elsewhere that the global LNG market is expected to be in deficit by circa 2020, from the same people who 6 months ago were saying it would be in surplus. That's clearly a dog's breakfast, but I think (my opinion) we have 6-12 months of positive sentiment on the LNG sector and stronger LNG spot prices (most of the LNG sales are done on oil-linked contracts that lag the oil price by circa 3-6 months, but they also sell into the spot market which is more responsive to LNG demand/supply balance specifically):
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)