# NYMEX November gas dips to $2.89/MMBtu despite bullish storage build – The Energy Bulletin Daily

> NYMEX November natural gas settled at $2.89/MMBtu, down 2.9 cents, after an EIA storage build of 64 Bcf for the week ended October 20 came in below expectations. Total stocks are 1.2% below the five-year average.

- Date: 2017-10-27 · published 2017-10-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68637-nymex-november-gas-dips-to-2-89-mmbtu-despite-bullish-storage-build-the-energy
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Falling US gas prices lower the cost of natural gas used in ethanol and fertilizer production, a mildly bearish signal for energy-linked feed inputs such as DDGS.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- daily.energybulletin.org: https://daily.energybulletin.org/2017/10/nymex-november-gas-dips-to-2-89mmbtu-despite-bullish-storage-build-natural-gas-platts-news-article-story/

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