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European TTF benchmark gas hovered near €96 per MWh after briefly touching €97.64, the highest since December 2022. Prices are up roughly 234% since the start of the year.
Surging European gas raises nitrogen fertilizer production costs and energy costs for European feed and grain processors, supporting grain and fertilizer prices.
euronews.comOct 28, 2026After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.
After 92 past bullish macro events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% 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.
