# Average exchange prices for gas in Europe rose by 12pct MoM in October

> Average European exchange gas prices rose 12% month on month in October, reaching US$1,005 per thousand cubic metres, according to calculations based on ICE data. Prices passed US$1,000 mid-month amid Iran-US tensions and Hormuz disruption. European storage hit a record low for the date at 74.58% on 20 October, when injections switched to withdrawals.

- Date: 2026-11-01 · published 2026-11-01T21:07:51.538Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/70044-average-exchange-prices-for-gas-in-europe-rose-by-12pct-mom-in-october
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A monthly average showing sustained gains confirms tight European gas supply heading into winter. This keeps energy and fertiliser costs high for feed producers.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- nst.com.my: https://www.nst.com.my/business/economy/2026/11/1568309/average-exchange-prices-gas-europe-rose-12pct-mom-october

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