Natural gas futures rose 5.4% on June 24 to $2.31/mmBtu as forecasts pointed to hotter weather in early July. Weather models were mixed, and the market had fallen after a larger-than-expected weekly supply increase.
The UNG fund gained 5.3%.
Hotter forecasts lift power-burn demand for gas, which can support prices in the short term. The effect on feed grains is minimal.
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.