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A commentary argues that the current natural gas glut is unusual because it coincides with record investment in new LNG supply. It attributes the oversupply to steady US gas output growth and a long-term shift toward low-carbon energy.
A sustained gas oversupply keeps energy and fertilizer input costs low, which supports margins for feed producers. The effect on feed commodity prices is indirect and gradual.
csis.orgNikos TsafosFeb 12, 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.
