# Natural gas prices are decreasing both on Balkan Gas Hub and TTF

> European gas prices fell more than 8% in the latest session, trading around 95-96 EUR/MWh, as hopes for a US-Iran diplomatic breakthrough eased supply fears. Balkan Gas Hub day-ahead gas for 3 November settled at 87.67 EUR/MWh, down 8.47%, while the December TTF futures contract closed at 94.86 EUR/MWh. EU gas storage was 74.56% full as of 2 November.

- Date: 2026-11-03 · published 2026-11-03T15:37:08.246Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/78002-natural-gas-prices-are-decreasing-both-on-balkan-gas-hub-and-ttf
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Gas is a key input for nitrogen fertiliser production, so lower European gas prices ease pressure on fertiliser costs, though limited storage and winter demand keep the market tight. Energy-wide moves like this can also spill into feed-grain and oilseed-processing costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-05-07 | [Natural gas and coal: Plunging prices](https://feedsoft.ai/events/59268-natural-gas-and-coal-plunging-prices.md) | +5.3% | -3.9% |
| NATGAS | 2021-03-12 | [Asia and LNG Are Disrupting Europe’s Natural Gas Price Model - Bloomberg](https://feedsoft.ai/events/48283-asia-and-lng-are-disrupting-europe-s-natural-gas-price-model-bloomberg.md) | -8.1% | -6.7% |
| NATGAS | 2023-03-20 | [Global Natural Gas Prices Keep Falling as Demand Weakens, Banking Crisis Weighs on Markets – LNG Recap](https://feedsoft.ai/events/37032-global-natural-gas-prices-keep-falling-as-demand-weakens-banking-crisis-weighs.md) | -10.6% | -5.7% |
| NATGAS | 2020-06-03 | [Natural gas prices could go negative on global oversupply](https://feedsoft.ai/events/52798-natural-gas-prices-could-go-negative-on-global-oversupply.md) | +2.8% | +4.8% |
| NATGAS | 2025-04-28 | [Supply Disruptions Not Enough to Lift Global Natural Gas Prices as Asian Demand Remains Weak — LNG Recap](https://feedsoft.ai/events/25298-supply-disruptions-not-enough-to-lift-global-natural-gas-prices-as-asian-demand.md) | +18.9% | +10.8% |

## Sources

- 3e-news.net: http://3e-news.net/en/a/view/74064/natural-gas-prices-are-decreasing-both-on-balkan-gas-hub-and-ttf
- 3e-news.net: https://www.3e-news.net/en/a/view/74064/natural-gas-prices-are-decreasing-both-on-balkan-gas-hub-and-ttf
- 3e-news.net: https://www.3e-news.net/en/a/view/74099/natural-gas-prices-are-decreasing-both-on-balkan-gas-hub-and-ttf-on-4-november

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