Laden…
U.S. natural gas prices leapt to their highest level in more than four years as unusually cold weather spread across much of the country. Gas stocks were very low, so the market moved to conserve supply.
Analyst Kemp noted that high prices could prompt gas-fired power producers to cut run hours and could discourage LNG exports.
Scarce storage combined with a cold snap pushes prompt gas prices sharply higher, and that raises feed costs for buyers using natural gas-linked inputs such as DDGS and energy-intensive processing. Higher gas prices also shift power generation toward coal.
reuters.comJohn Kemp14 nov 2018Na 221 eerdere opwaarts weer-gebeurtenissen bewoog Aardgas zich mediaan +3,3% over 5 sessies (61% hoger; middelste helft -5,2% tot +14,0%), en -0,3% 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.
Describes prices reaching a four-year high on 2018-11-14 as cold weather spread and storage was very low, so the market moved to conserve supply.
