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US natural gas futures traded near one-year lows around $3.58/MMBtu, down nearly 50% in a month, as a mild winter cut demand. Uncertainty over restarting Freeport LNG exports added to the slump, which the EIA forecast would be partly offset by higher prices in Q1.
Lower gas prices reduce energy and fertilizer costs for feed production, while a delayed Freeport restart keeps extra supply in the US market and pressures prices.
qcintel.comJan 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.
