# Natural gas market fundamentals exceeded expectations in 2017 - Cedigaz

> CEDIGAZ estimates that global natural gas consumption rose 3.3% to a record 3,640 bcm in 2017. Chinese demand grew about 15% on coal-to-gas switching, while U.S. consumption fell 1.4% as prices rose.

- Date: 2018-05-14 · published 2018-05-14T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/65199-natural-gas-market-fundamentals-exceeded-expectations-in-2017-cedigaz
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Strong global gas demand, led by China, supports the outlook for gas prices and LNG trade. Higher gas prices raise energy and fertilizer input costs for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-01-13 | [Quarterly report – Q4 2020 - International natural gas prices - Cedigaz](https://feedsoft.ai/events/49335-quarterly-report-q4-2020-international-natural-gas-prices-cedigaz.md) | -9.4% | +17.3% |
| NATGAS | 2018-04-01 | [U.S. liquefied natural gas exports quadrupled in 2017](https://feedsoft.ai/events/66185-u-s-liquefied-natural-gas-exports-quadrupled-in-2017.md) | -0.6% | +0.9% |
| NATGAS | 2017-02-01 | [Natural gas prices in 2017 and 2018 are expected to be higher than last year](https://feedsoft.ai/events/73135-natural-gas-prices-in-2017-and-2018-are-expected-to-be-higher-than-last-year.md) | +0.7% | -13.2% |
| NATGAS | 2021-10-01 | [Statement on recent developments in natural gas and electricity markets](https://feedsoft.ai/events/45221-statement-on-recent-developments-in-natural-gas-and-electricity-markets.md) | -0.5% | +0.2% |
| NATGAS | 2021-02-01 | [EIA expects higher wholesale U.S. natural gas prices in 2021 and 2022](https://feedsoft.ai/events/49337-eia-expects-higher-wholesale-u-s-natural-gas-prices-in-2021-and-2022.md) | +20.6% | +4.5% |

## Sources

- cedigaz.org: https://www.cedigaz.org/natural-gas-market-fundamentals-exceeded-expectations-2017/

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