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September natural gas futures settled at $2.634/MMBtu, slightly lower, as production held near 101 Bcf/d and power burn eased with milder weather. Spot prices were sideways at about $2.51.
Stable production and softer power burn keep gas prices range-bound, offering little upward pressure on energy or nitrogen fertilizer costs for feed producers.
naturalgasintel.comJul 31, 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.
