
The front-month TTF gas contract settled at €103.94/MWh on 30 October, up about 10.8% on the week and at a four-year high. The move came as Hormuz disruption and low storage held prices up through the Friday close.
Industrial buyers are watching the rising invoice cost.
Weekly price gains reflect persistent supply constraints rather than a new single shock, keeping European energy and fertiliser input costs elevated. The effect on feed markets is indirect and mainly runs through fertiliser and energy costs.
Not enough comparable past events yet for a historical read.
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.