Loading…
The IEA's Q2-2021 Gas Market Report says global gas markets faced tight supply and demand in early 2021 after cold snaps in Northeast Asia and North America. It expects global gas demand to recover to 2019 levels, though fundamentals remain fragile.
Expected demand recovery supports gas and LNG prices, which feed into energy and fertiliser costs for livestock feed producers.
iea.orgIEA - International Energy AgencyMay 1, 2021After 74 past bullish report events, Natural Gas moved a median +1.3% over 5 sessions (55% higher; middle half -4.0% to +11.3%), and +2.1% over 20.
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.
