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US natural gas futures fell almost 3% on April 5 to a one-week low of $2.569/MMBtu on milder weather forecasts and lower heating demand. Speculators cut net long positions for a sixth straight week, and implied volatility fell to its lowest since June 2019.
Lower gas prices reduce energy and fertiliser costs for feed producers, easing pressure on input costs.
brecorder.comReutersApr 5, 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.
