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European TTF gas prices rallied about 50 cents/MMBtu after July 25, driven by competition from Asia amid summer heat in East Asia. Record US LNG exports for July were tracked at 9.06 Mt, and East Asian LNG prices remained above $12/MMBtu.
Strong global LNG demand and competition for cargoes keep international gas prices firm, which supports US export pull and gas prices that feed into fertilizer and energy costs.
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.