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US natural gas futures fell more than 2% to $3.27 per mmBtu after reaching a three-week high earlier in the week. Prices failed to break above $3.40 as traders shifted focus to near-term weather, and a firm dollar weighed on the market ahead of the weekly EIA storage report.
Routine intraday price action with no new supply shock; weather-driven demand expectations keep US gas prices range-bound, which has limited direct effect on feed-input 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.