
November Nymex natural gas closed down 5.24% on Monday to a three-week nearest-futures low. Forecasts shifted warmer for the Midwest and eastern US for October 19-23, reducing expected heating demand.
Storage data showed a 82 bcf build for the week ended October 4, above expectations but below the five-year average.
Warmer forecasts cut expected heating demand, which pressures natural gas prices lower. Feed buyers see little direct effect, but lower gas prices can weigh on fertilizer and energy-linked input costs over time.
Setelah 104 peristiwa cuaca bearish sebelumnya, Gas Alam bergerak median -7,8% selama 5 sesi (22% lebih tinggi; separuh tengah -14,8% sampai -0,8%), dan -3,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.