# Weekly Natural Gas Spot Prices Sink on Mild Weather, Ample Supply

> NGI's weekly national spot gas average fell 7.5 cents to $1.645/MMBtu for the Oct. 21-25 period, with losses across most hubs. Mild fall weather cut demand, and Waha prices turned negative. November Nymex futures rose 3.8 cents to $2.560 in their final full week as prompt month.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28057-weekly-natural-gas-spot-prices-sink-on-mild-weather-ample-supply
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weak cash prices and mild weather point to soft near-term natural gas demand. This keeps US energy and nitrogen input costs contained for feed producers.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/weekly-natural-gas-spot-prices-sink-on-mild-weather-ample-supply/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.