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US natural gas futures rose about 1% on Wednesday, recovering from a six-month low in the prior session. Traders cited raised demand forecasts for the week and record gas flows to LNG export plants.
Record LNG feedgas adds export pull on US gas, a modest bullish signal for Henry Hub. For feed buyers the effect on grain and meal prices is indirect, through energy and fertilizer costs.
reuters.comScott DisavinoDec 13, 2023Not 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.
