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European gas prices rose on May 19, with the July TTF contract closing at $11.62/MMBtu after three weeks of gains. Asian spot buying picked up as Bangladesh, South Korea, Taiwan, Thailand and Vietnam sought summer cargoes.
Colder forecasts for parts of Europe also supported prices.
Stronger global LNG prices and competition for cargoes support higher international gas prices, which can lift US export demand and feed into fertilizer 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.