
US natural gas futures dropped about 5% from a two-year high on forecasts of milder late-January weather. Extreme cold over the holiday weekend was still expected to freeze wells and push heating demand to record highs.
Storage withdrawals were on track to erase the surplus over the five-year average.
Cold-driven storage draws and output losses tighten the gas balance and raise energy costs for grain drying and feed milling. The expected warming trend points to lower gas prices ahead, which eases those costs.
Tras 104 eventos bajista de clima pasados, Gas natural se movió una mediana de -7,8 % en 5 sesiones (22% al alza; mitad central entre -14,8 % y -0,8 %), y -3,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.