Northeast US spot natural gas prices fell to all-time record lows on Nov. 6 as warmer-than-normal temperatures and strong supply weighed on the market.
Algonquin city-gates and Transco Zone 6 NY both hit record lows before rebounding slightly over Nov. 9-11.
Southeast and Southwest prices were supported by strong LNG export demand.
Weak regional cash prices and record-low winter basis signal soft near-term US gas demand, which limits upside for natural gas-linked feed and fertilizer costs. The rebound suggests the weakness is weather-driven and may not persist.
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.