# Global gas prices teeter above record lows on virus optimism, weather – The Energy Bulletin Daily

> Global gas prices rose from record lows in late June as virus lockdowns eased and summer temperatures climbed. JKM hovered in the low-$2/MMBtu area while Dutch TTF rebounded to the upper-$1 range. US LNG cargo cancellations did little to relieve import price pressure.

- Date: 2020-06-25 · published 2020-06-25T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/9803-global-gas-prices-teeter-above-record-lows-on-virus-optimism-weather-the-energy
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Weak LNG demand keeps global gas cheap, limiting fertilizer and energy cost pressure on feed production. Recovering demand gives modest support to prices.

## Read by commodity

- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-10-06 | [Lower gas prices to benefit urea producers, reduce subsidy needs: Icra, ETEnergyworld](https://feedsoft.ai/events/50947-lower-gas-prices-to-benefit-urea-producers-reduce-subsidy-needs-icra.md) | -0.7% | +2.7% |
| UREA | 2023-04-04 | [The Russia-Ukraine War’s Impact on Fertilizer Prices in 2022](https://feedsoft.ai/events/36330-the-russia-ukraine-war-s-impact-on-fertilizer-prices-in-2022.md) | +12.8% | +20.8% |
| UREA | 2025-02-19 | [LNG markets poised for rollercoaster year ahead - Rystad Energy’s Gas and LNG Special Market Update \| Air Freight News](https://feedsoft.ai/events/26217-lng-markets-poised-for-rollercoaster-year-ahead-rystad-energy-s-gas-and-lng.md) | -0.6% | -4.7% |
| UREA | 2023-02-16 | [Softening fertilizer prices "a bit of a gift" - Brownfield Ag News](https://feedsoft.ai/events/37644-softening-fertilizer-prices-a-bit-of-a-gift-brownfield-ag-news.md) | +0.1% | -3.1% |
| UREA | 2020-04-14 | [Fertilizer Supply Chains Hold Steady, But No Guarantees - AgriBusiness Global](https://feedsoft.ai/events/53565-fertilizer-supply-chains-hold-steady-but-no-guarantees-agribusiness-global.md) | -0.3% | -20.2% |

## Sources

- daily.energybulletin.org: https://daily.energybulletin.org/2020/06/global-gas-prices-teeter-above-record-lows-on-virus-optimism-weather/

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