Laden…
Natural gas forward prices declined across the board from January 16 to 22 as traders looked past the cold snap to an adequately supplied market. February prompt prices fell by an average of 53.2 cents, with Rockies and Northwest hubs leading the drop.
Freeze-offs peaked at 8.9 Bcf during Winter Storm Enzo, about half the scale of January 2024's losses.
Forward curve weakness signals the market expects adequate supply through winter and summer, which keeps forward energy costs contained for feed mills. The limited freeze-off losses reinforce that outlook.
naturalgasintel.comAndrew Baker23 jan 2025Na 104 eerdere neerwaarts weer-gebeurtenissen bewoog Aardgas zich mediaan -7,8% over 5 sessies (22% hoger; middelste helft -14,8% tot -0,8%), en -3,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Forward prices fell as traders looked past the cold snap to an adequately supplied market, with freeze-offs about half the 2024 scale, which eased supply-risk premium.
