Uncertainty around demand at the Freeport LNG terminal had natural gas traders on a bumpy ride through midday Tuesday. Modest gains earlier in the session gave way to a steep sell-off shortly before lunchtime on the East Coast.

Here’s the latest:

  • June Nymex futures off 4.2 cents to $1.988/MMBtu as of 2:11 p.m. ET
  • Front month dropped as low as $1.958 in afternoon trading but was showing signs of rebounding into the close
  • Selling picked up after pipeline notice hinting at potential issues for Freeport liquefied natural gas flows

After a promising start to the week, the LNG export terminal may be experiencing another drop in flows. The terminal had 657,188 Dth/d scheduled for Monday, with that figure climbing to 993,909 Dth/d for Tuesday, flow data show. That would represent a...