# Global Natural Gas Prices Keep Falling as Demand Weakens, Banking Crisis Weighs on Markets – LNG Recap

> Global natural gas prices kept falling as warm weather, ample supply and banking sector turmoil weighed on energy markets. The May TTF contract fell about 13% the prior week and another 8% on March 20 to its lowest since July 2021.

- Date: 2023-03-20 · published 2023-03-20T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/37032-global-natural-gas-prices-keep-falling-as-demand-weakens-banking-crisis-weighs
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower gas and energy prices reduce nitrogen fertilizer costs and weaken the energy complex, adding downward pressure on feed input costs.

## Read by commodity

- UREA: bearish ▼
- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-04-28 | [Supply Disruptions Not Enough to Lift Global Natural Gas Prices as Asian Demand Remains Weak — LNG Recap](https://feedsoft.ai/events/25298-supply-disruptions-not-enough-to-lift-global-natural-gas-prices-as-asian-demand.md) | +18.9% | +10.8% |
| NATGAS | 2020-07-29 | [Expert Commentary - Update on Global Gas and LNG Prices in 2020: How has it Coped with Recent Market Dynamics? - Events-HH](https://feedsoft.ai/events/52290-expert-commentary-update-on-global-gas-and-lng-prices-in-2020-how-has-it-coped.md) | +17.4% | +38.5% |
| NATGAS | 2020-05-11 | [Natural Gas Exports Slow as Pandemic Reduces Global Demand - The New York Times](https://feedsoft.ai/events/10443-natural-gas-exports-slow-as-pandemic-reduces-global-demand-the-new-york-times.md) | -7.2% | -2.7% |
| NATGAS | 2019-05-07 | [Natural gas and coal: Plunging prices](https://feedsoft.ai/events/59268-natural-gas-and-coal-plunging-prices.md) | +5.3% | -3.9% |
| NATGAS | 2020-06-03 | [Natural gas prices could go negative on global oversupply](https://feedsoft.ai/events/52798-natural-gas-prices-could-go-negative-on-global-oversupply.md) | +2.8% | +4.8% |
| UREA | 2026-10-23 | [U.S. Natural Gas Futures Fall on Mild Near-Term Weather - WSJ](https://feedsoft.ai/events/626-u-s-natural-gas-futures-fall-on-mild-near-term-weather-wsj.md) | -0.1% | — |
| UREA | 2026-06-23 | [Natural gas: Lower TTF path but winter risks – Rabobank](https://feedsoft.ai/events/18990-natural-gas-lower-ttf-path-but-winter-risks-rabobank.md) | -2.1% | -1.4% |
| UREA | 2022-11-29 | [Europe: Nitrates prices decline following restarts; now nearing breakeven levels](https://feedsoft.ai/events/7856-europe-nitrates-prices-decline-following-restarts-now-nearing-breakeven-levels.md) | -4.0% | -7.5% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/global-natural-gas-prices-keep-falling-as-demand-weakens-banking-crisis-weighs-on-markets-lng-recap/

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