MARKET INSIGHT:US Looking Firm

摘要

The bid-week trading that largely establishes gas costs for US term buyers each month created yet another moment of deja vu in late May,as the prompt-month futures contract rolled off the board in the same 7.50 per million Btu range it has occupied for nearly four months - despite shaky fundamental support (WGI May2,p6).Only this time,with the hurricane season now underway and summer heat emerging as a factor,prices appear to have found support.