Colosseum a.s. (Colosseum a.s.)
Commodities  |  April 04, 2013 08:35:33

Natural gas has weakened due to higher temperatures



ColosseumPrice of futures contracts for natural gas in yesterday's trading session fell the most in the last six weeks. This was due to the weather forecast, according to which they are a part of the U.S. higher temperature than is usual in this period. That would mean lower demand for natural gas for heating využívanému. Eg. Chicago would be the minimum temperature in the period around 14 April near 7 degrees Celsius. It is about 3 degrees more than normal. Forecasts also indicate that temperatures may well be significantly higher. May natural gas yesterday at the CME closed down by 6.9 cents to $ 3.9 per MMBT.

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