US natural gas futures rose to a nine-month high on Friday as the front-month rolled to the more expensive October contract. Production along the Gulf Coast stayed shut after Hurricane Laura, while pipeline exports to Mexico hit a record and LNG flows began to recover.
Hurricane-related production losses and firm export demand tighten the gas balance and lift the cost of nitrogen fertilizer inputs. Higher gas prices raise costs for ammonia and urea producers, which can feed through to fertilizer prices for grain growers.
Setelah 221 peristiwa cuaca bullish sebelumnya, Gas Alam bergerak median +3,3% selama 5 sesi (61% lebih tinggi; separuh tengah -5,2% sampai +14,0%), dan -0,3% 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.