
October natural gas futures settled at $1.835 per MMBtu, down 21.3 cents, the first close below $2.00 since early August. The decline followed lower LNG feed gas flows, a seasonal maintenance outage at Cove Point LNG and forecasts of milder Midwest temperatures.
Lower LNG feed gas demand and milder weather reduce near-term gas prices, which eases energy and fertilizer costs for feed producers. The effect is mostly on the energy complex.
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.
October futures fell 21.3 cents to $1.835 on lower LNG feedgas, Cove Point maintenance and milder forecasts, which is the immediate preceding sell-off that fed the volatility.