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Henry Hub spot gas prices rose in June on hot weather, stronger US export demand and low regional inventories. The June Henry Hub index averaged $3.14/mmBtu, up 9% from May and nearly double a year earlier.
Sustained higher US gas prices lift the cost of nitrogen fertilizer and power for processing, and may shift power generation toward coal.
argusmedia.comJason WomackJun 28, 2021Not 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.
