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Day-ahead gas prices at Europe's main trading hubs fell an average of 40% in 2019, according to Energy Intelligence. Record LNG imports, higher end-winter storage and mild weather this winter pushed prices to decade lows.
A persistent European gas surplus lowers energy and nitrogen fertiliser input costs, which can ease margins for European feed and livestock producers. The price gap also shapes which regions import or export feed-linked products.
energyintel.comJan 21, 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.
