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Estimated U.S. natural gas demand surged on Monday to a new single-day record, surpassing the 2014 peak. Low temperatures, higher power-sector and industrial consumption, and stronger export demand drove the increase.
Record heating and power burn draws down gas supplies and lifts Henry Hub and regional spot prices, which raises input costs for gas-based feed-ingredient and fertilizer producers.
reuters.comScott DiSavinoJan 6, 2018After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% over 20.
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.
