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Spot natural gas prices rose through the first half of January as cold weather lifted heating demand and strong LNG export pull drew down storage. NGI's weekly spot national average jumped $1.345 to $4.905/MMBtu for the period ended January 10.
Heavy storage draws and firm LNG demand point to continued strength in natural gas cash prices, raising energy input costs for feed producers.
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.