# Commodity Tracker: 5 charts to watch this week

> S&P Global highlights European TTF gas prices soaring to levels not seen since 2008, driven by low storage and tight LNG and pipeline supply. Coal-to-gas switching prices hit record highs and EU carbon prices rallied to fresh highs. Russian flows are set to fall during maintenance in July.

- Date: 2021-07-05 · published 2021-07-05T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46258-commodity-tracker-5-charts-to-watch-this-week
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Surging European gas and carbon costs raise power and fertiliser production costs, supporting input prices for feed. The price impact on feed commodities is indirect.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-10-01 | [Asian prices surge to record high this week as winter starts](https://feedsoft.ai/events/44765-asian-prices-surge-to-record-high-this-week-as-winter-starts.md) | -0.5% | +0.2% |
| NATGAS | 2021-06-16 | [WCU Commodities back on track for a strong 2021 finish \| Saxo](https://feedsoft.ai/events/46625-wcu-commodities-back-on-track-for-a-strong-2021-finish-saxo.md) | -1.2% | +13.9% |
| NATGAS | 2021-09-27 | [The Commodities Feed: The power crunch spreads to the rest of the complex \| snaps \| ING THINK](https://feedsoft.ai/events/11976-the-commodities-feed-the-power-crunch-spreads-to-the-rest-of-the-complex-snaps.md) | +9.7% | +1.4% |
| NATGAS | 2024-12-20 | [The Commodities Feed: Stronger USD prompts oil sell-off \| articles \| ING THINK](https://feedsoft.ai/events/26895-the-commodities-feed-stronger-usd-prompts-oil-sell-off-articles-ing-think.md) | -4.8% | +21.0% |
| NATGAS | 2024-01-30 | [Fitch Sees Higher Prices for Ammonia, Urea, Phosphate Rock -- Commodity Comment - MarketWatch](https://feedsoft.ai/events/32438-fitch-sees-higher-prices-for-ammonia-urea-phosphate-rock-commodity-comment.md) | -14.2% | -36.0% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/blog/natural-gas/070521-ct-european-gas-lng-ukraine-co2-emissions-us-henry-hub-aluminum-coal

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