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Natural gas forward prices held in a narrow range during the week ending May 19, with the June Nymex contract briefly above $3.00 before settling at $2.906 on May 21. Analysts said the curve reflects expectations of an undersupplied market through winter 2022.
Forward prices pointing to tighter supply into winter support higher energy and fertilizer input costs. The short-term price moves themselves were small.
naturalgasintel.comLeticia GonzalesMay 21, 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.
