Cash prices saw a few instances of flat to moderately higher numbers Tuesday amid an overall slippage that ranged from 2-3 cents to about 30 cents. The sell-off in the futures market slowed Tuesday with the near-month contract dropping only 6.6 cents to $7.586. Quotes were generally only a few pennies lower in the Northeast with slightly larger drops in the Midcontinent, Midwest and Gulf Coast regions, but some western points slid more than 20 cents.
Slippage
Articles from Slippage
Futures Bears See Friday’s Slippage as a Sign of Things to Come
Caught between short-term weather/storage bulls and long-term bears betting against another price spike like spring 2003, the natural gas futures market chopped quietly sideways to close out the week.
February 9, 2004
April Price Declines Accelerate; May Moderately Softer
The slippage in April swing prices that had begun mildlyWednesday gained more momentum Thursday as quotes fell by about anickel or more almost across the board except in California, led bydrops of about 15 cents at some Northeast citygates. May bidweekprices also softened, but only by a couple of pennies or so in mostcases, sources said.
April 28, 2000
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