European natural gas prices ticked up again on Monday despite healthy storage on the continent and an apparent lull in Asia, hinting at anxiety over falling LNG imports.

Upward movement in European prices was previously expected to be limited for the rest of July after several key gas facilities in Norway wrapped up heavy maintenance late last week. However, the prompt Title Transfer Facility Monday jumped almost 25 cents compared to the close Friday, reaching around $9.92/MMBtu.

Analysts with trading firm Energi Danmark noted that there hadn’t been any “noticeable changes to the fundamental picture, as the market remains well-supplied, and storages are expected to be full ahead of the upcoming winter.”

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