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Natural gas ETFs rallied on Monday as natural gas futures rose 5.3% to $3.14 per MMBtu. The moves followed bullish weather forecasts for most of the US that point to stronger heating demand.
The price gain reflects expectations of colder weather lifting winter gas demand. The story is about equity products rather than physical feed supply, so its direct grain impact is minimal.
etftrends.comMax ChenNov 6, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
