Silver Margin Requirements May Boost Gas Futures in Week Ahead

摘要

Not even one of the largest gas storage withdrawals this winter could shake market bears out of their positions and propel March gas above $4 last week. However, what weather couldn't accomplish, a surprise move by the CME/Nymex exchange to radically increase margins in the metals market just might. "The amount of winter weather left to go isn't even on the radar screen of concerns," said a gas trader in New York. "It won't be long before spring is here, bringing with it a boatload of supply and no demand to offset it."