# US natgas futures slide to fresh 25-year low as stockpiles fill - Markets - Business Recorder

> US natural gas futures slid to a fresh near 25-year low on Friday as coronavirus demand destruction and swelling stockpiles weighed. July futures fell to $1.458 per mmBtu, while August was flat at $1.54. Stockpiles are expected to reach a record 4.1 trillion cubic feet by October.

- Date: 2020-06-26 · published 2020-06-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9804-us-natgas-futures-slide-to-fresh-25-year-low-as-stockpiles-fill-markets
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Record storage expectations keep gas cheap, reducing energy and nitrogen fertilizer costs. Lower gas prices weigh on the energy complex and related input costs for feed producers.

## Read by commodity

- UREA: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40001151

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