Nymex November gas futures slipped 3.6? to close at $3.332/MMBtu

摘要

After opening at $3.391, prices briefly touched an intraday high of $3.403 before sinking to an intraday low of $3.29. From the demand perspective, weather forecast models are showing an impressive warming trend emerging next week in the East with temperatures in the 70s and 80s expected. Despite the late-October warmth, cooling demand should be very modest, according to the Commodity Weather Group. Otherwise, the cooling that follows for the Midwest, South and East looks weaker overall without any extreme anomalies.