Natural gas prices in Europe and Asia fell again on Monday, continuing six consecutive weeks of losses as both markets are well supplied and demand remains muted. 

The Title Transfer Facility (TTF) prompt contract gave up another 1% Monday to finish again near $10/MMBtu after declining by 12% last week. Winter prices further out the curve dived the most as strong storage inventories and LNG imports allay concerns about next heating season. 

In Asia, Japan-Korea Marker (JKM) spot prices continue to hover around $10 as well, while futures prices sank by 2% last week. The last time the TTF and JKM contracts were this low was in June 2021. 

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