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European gas markets are reported to be avoiding a tight LNG summer storage race. Weaker regional demand and expected slower Asian buying due to high inventories in China and other importers are freeing up LNG volumes for Europe.
Ample LNG supply for Europe eases pressure on European gas prices, which limits the cost push into European nitrogen fertilizer production.
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.