
Natural gas prices and related ETFs rose on Wednesday as traders reacted to weather forecasts pointing to a colder-than-expected winter. The UNG fund gained 17.9 percent and leveraged products moved much more.
Futures traded as high as 20 percent higher intraday on a 15-year-low supply position.
Leveraged ETF moves reflect speculative positioning that can add to short-term price swings in natural gas. Underlying cold-weather demand and low supply still support higher energy input costs for feed producers.
Na 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.
Dated 2018-11-14, it ties the rally to colder winter forecasts and a record-low supply position, with futures up to 20% intraday and UNG up about 18%.