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European natural gas prices rose as strikes at French LNG import terminals over pension reform disrupted operations and colder forecasts lifted demand. The May TTF contract finished just below $13.50/MMBtu on March 27.
Higher European energy costs raise fertilizer and processing expenses, though the strike impact on gas is limited by spare LNG import capacity.
naturalgasintel.comJamison CocklinMar 27, 2023After 54 past bullish logistics events, Natural Gas moved a median -1.8% over 5 sessions (43% higher; middle half -5.7% to +6.2%), and +5.1% 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.
