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CME Group analysis says Henry Hub gas rallied from below $2 to about $3 per MMBtu but has pulled back in recent weeks. It attributes the dip to an unusually warm fall and expects the rally to resume as winter demand picks up under a developing La Niña.
A weather-driven shift in winter heating demand supports gas prices, which feed into energy and fertilizer costs for buyers.
cmegroup.comNov 15, 2016Not 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.
