
June Nymex natural gas closed up 5.56% on Monday as forecasts shifted toward above-normal temperatures for much of the eastern and central US from May 4-8. Prices had hit a 3-3/4 year low the previous Friday on ample supplies and mild spring weather.
Warmer forecasts lift expected cooling-related power demand and gas burn, pushing prices higher from multi-year lows. The move is mainly an energy-sector signal for feed buyers.
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.
Forecasts for above-normal temperatures in the eastern and central US raised expected cooling demand and triggered a sharp short-covering jump from a near four-year low on the same day.