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Henry Hub cash-price volatility has been elevated this autumn and is expected to persist into 2021 as domestic US gas production stays weak. Daily settlement changes in December are among the highest since January 2018.
Persistent production weakness and price swings make US gas costs harder to forecast, which feeds through to fertilizer and processing costs for feed buyers.
spglobal.comDec 16, 2020Not 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.
