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European natural gas prices are expected to fall in 2019 for the first time in four years, as storage is well stocked after a mild winter and Russian pipeline flows reached a record in 2018. Analysts forecast the Dutch next-month contract to end 2019 around 22 euros/MWh.
Lower European gas prices reduce energy and fertilizer production costs in the region, which can ease pressure on nitrogen and processing costs.
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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.