# Hotter Weather Trends Help Light a Fire Under Natural Gas ETFs | ETF Trends

> Natural gas futures rose 5.4% on June 24 to $2.31/mmBtu as forecasts pointed to hotter weather in early July. Weather models were mixed, and the market had fallen after a larger-than-expected weekly supply increase. The UNG fund gained 5.3%.

- Date: 2019-06-24 · published 2019-06-24T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/58778-hotter-weather-trends-help-light-a-fire-under-natural-gas-etfs-etf-trends
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Hotter forecasts lift power-burn demand for gas, which can support prices in the short term. The effect on feed grains is minimal.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2016-05-31 | [Natural Gas ETFs Heat Up on Warmer Weather](https://feedsoft.ai/events/7636-natural-gas-etfs-heat-up-on-warmer-weather.md) | +22.1% | +40.5% |
| NATGAS | 2018-11-14 | [Natural Gas ETFs Bring the Heat](https://feedsoft.ai/events/9435-natural-gas-etfs-bring-the-heat.md) | +11.8% | +5.6% |
| NATGAS | 2019-10-29 | [Natural Gas ETFs Strengthen on Improving Fundamentals, Winter Weather](https://feedsoft.ai/events/12164-natural-gas-etfs-strengthen-on-improving-fundamentals-winter-weather.md) | +13.3% | +2.1% |
| NATGAS | 2019-01-14 | [Natural Gas ETFs Burn Up on Expectations for a Long Cold Spell \| ETF Trends](https://feedsoft.ai/events/9210-natural-gas-etfs-burn-up-on-expectations-for-a-long-cold-spell-etf-trends.md) | +14.3% | -10.7% |
| NATGAS | 2020-08-07 | [Rising Export Expectations, Warm Weather Lift Natural Gas ETFs](https://feedsoft.ai/events/10742-rising-export-expectations-warm-weather-lift-natural-gas-etfs.md) | -1.2% | +8.6% |

## Sources

- etftrends.com: https://www.etftrends.com/hotter-weather-trends-help-light-a-fire-under-natural-gas-etfs/

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