TTF

Global natural gas prices are starting to tick upward once again as maintenance events and warmer weather appear to signal more demand for LNG, but analysts are warning a bearish summer could still lie ahead. After sliding for several weeks to the lowest points since 2021, prompt Asian and European prices began to rally again…

May was a record month for trading Dutch Title Transfer Facility (TTF) futures and options on the Intercontinental Exchange as the European natural gas market remains unpredictable and participants continue to try to manage price risk exposure.  ICE said 5.7 million TTF futures and options traded during May. Liquidity in the European benchmark has grown…

European natural gas prices surged on Monday, lifted by a jump in other commodities and ongoing competition for LNG amid a tightening pool of supplies.  The prompt Title Transfer Facility (TTF) contract surged by more than 20% to finish at nearly $9/MMBtu. Monday’s sharp spike came after nine straight weeks of losses, when TTF fell…

Germany’s government is moving to site another floating storage and regasification unit (FSRU) as the volume of U.S. natural gas entering the country reaches new heights. In a recently approved bill, Germany’s Federal Ministry for Economic Affairs and Climate Action amended plans to ramp up short-term LNG import capacity by including an FSRU terminal at…

Weak industrial demand and mild weather pushed European natural gas prices even lower on Monday after seven straight weeks of losses. The prompt Title Transfer Facility (TTF) contract fell below $10/MMBtu last week for the first time since June 2021 and stayed there Monday after falling another 1.5%. If prices continue to fall to near…

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…

The LNG market was again muted as the week got underway with hotter weather and restocking demand still in the offing. In Europe, the prompt Title Transfer Facility (TTF) gained just a penny in a quiet day of trading amid labor holidays across the continent. The June contract gave up 4% last week to finish…

Sendout at French LNG terminals has returned to normal levels as labor strikes that started early last month have for now ended, boosting European import capacity and helping to keep the lid on natural gas prices there.  Eleven cargoes have unloaded at France’s four import terminals over the last week, according to Kpler vessel-tracking data.…

Global natural gas demand remained weak as floating inventories built at sea and prices in Europe and Asia continued falling as the week got underway.  The May Title Transfer Facility (TTF) shed a penny on Monday, while spot LNG prices in Asia dropped below $12/MMBtu to their lowest point in nearly two years.  In Europe,…