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Global LNG prices have reached multiyear highs, with Platts assessing the DES Northwest Europe LNG benchmark at its highest since December 2022 on Oct. 26.
Winter weather is raising the risk of further EU LNG demand.
Higher LNG costs raise energy and nitrogen fertilizer production costs in Europe, supporting urea prices and feed processing costs.
worldports.orgOct 30, 2026After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% over 20.
After 30 past bullish weather events, Urea moved a median +1.4% over 5 sessions (67% higher; middle half -0.3% to +1.6%), and +9.1% over 20.
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.
