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Global gas prices rose on September 8 as Norway began seasonal maintenance, cutting flows to Europe by more than 20%. Europe's TTF gained 3% to $11.33/MMBtu, and Asian demand increased ahead of winter restocking.
Asia's LNG imports rose to 26 Mt in August, and China was taking more Russian LNG.
Tighter Asian and European LNG demand supports global gas prices, which feed into nitrogen fertilizer costs. Norwegian maintenance is a temporary supply cut that tends to reverse.
Not 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.