# European Gas Prices Tumble 40% in 2019 as Surplus Grows | Energy Intelligence

> 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.

- Date: 2020-01-21 · published 2020-01-21T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/55274-european-gas-prices-tumble-40-in-2019-as-surplus-grows-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d9-de4c-a17b-e7dbb5d00000

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.