July natural gas was set to open 5 cents higher at $2.22 as the first heat wave of the season arrived. Traders saw large speculative funds reconsidering their short positions, and analysts expected higher California power demand as triple-digit temperatures were forecast.
Heat-driven power demand and possible short covering can lift natural gas prices, which feeds into fertilizer and energy costs for feed producers. The move was described as a short-term rally rather than a durable fundamental shift.
Após 221 eventos altista de clima passados, Gás natural subiu em mediana +3,3% em 5 sessões (61% de alta; metade central de -5,2% a +14,0%), e -0,3% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.