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US natural gas futures are on track for about a 50% gain in July, the second-largest monthly rise on record, settling at $8.134 per mmBtu. Dutch TTF gas rose more than 36% for the month, and an analyst cited scenarios for $30 gas.
Higher US gas prices raise the cost of nitrogen fertilizer and gas-fired feed processing, and strong export pull supports the price outlook.
marketwatch.comMyra P. SaefongJul 28, 2022Not 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.
