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The World Bank's October Commodity Markets Outlook projects world natural gas prices to rise 3 percent in 2018, with US prices expected to increase 4 percent to $3.1/mmBtu. The report notes European spot prices rose to $7.0/mmBtu in October on winter stocking demand.
Energy-wide gas price moves feed into nitrogen fertilizer costs and energy-linked feed costs, though the direct effect on feed grain prices is modest.
wam.aeEmirates News AgencyOct 29, 2017After 74 past bullish report events, Natural Gas moved a median +1.3% over 5 sessions (55% higher; middle half -4.0% to +11.3%), and +2.1% 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.
