NYMEX May gas holds ground after Monday’s 7-cent drop

摘要

The NYMEX natural gas front-month futures contract shed just below two cents on Tuesday, with the market having likely factored in the expectation of falling demand during yesterday’s price drop. May settled at $2.572/MMBtu, 1.8 cent lower than Monday’s close. The contract traded in a range of $2.570-$2.594/MMBtu.