• Robust U.S. exports climbed higher
  • Cash prices advanced, boosted by Midwest chill
  • But the May contract failed to find momentum

Already strong U.S. exports climbed higher Tuesday, but a weakening weather outlook and anticipation of a storage injection kept natural gas futures in check. The May Nymex contract debuted as the prompt month by falling 3.0 cents day/day to $2.623/MMBtu. June shed 2.7 cents to $2.681.

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Cash prices, in contrast, climbed on Tuesday amid a Midwest cool front that was expected to push east in coming days. NGI’s Spot Gas National Avg. gained 4.5 cents to $2.330.

The April futures contract rolled off the board Monday after settling at $2.586, down more than 20 cents month/month. While it gathered momentum over several sessions late in its run, the April...