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Why?

Why natural gas price jumps from 2.28 to 2.83 today and yet boil does not shoot up?
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  • The Doctor : Yes, finally the right question. I find it very strange too. Good example of how the market is played.

  • Chris12 : Because it is not priced based on the November contract, the main pricing is currently based on the December contract.

  • 71380485 OP Chris12 : If the futures price is up, so should boil...?

  • The Doctor 71380485 OP : Thanks for your comment. You’re right…and well observed, the uptrend has simply been swallowed up and is not appearing, as you can see, not in positive numbers. It’s interesting to see that we immediately slipped back from 2.8 into the minus without an uptrend…….Now the weather is warm again and next week my neighbor’s hamster will probably die. All reasons why gas is not rising. But here’s some hope…..If we rise…there’s no stopping us. So have a good time and good luck

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