MA(9): $3.54
MA(20): $3.34
MACD: 0.1683
Signal: 0.0934
Days since crossover: 9
Value: 73.08
Category: OVERBOUGHT
Current: 201,075
Avg (20d): 172,851
Ratio: 1.16
%K: 97.39
%D: 86.25
ADX: 21.49
+DI: 40.72
-DI: 14.37
Value: -2.61
Upper: 3.92
Middle: 3.34
Lower: 2.77
| Category | Current (BCFD) | Last Week | Last Year | 3 Yr Avg |
|---|---|---|---|---|
| Dry Production | 105.1 | 104.6 | 101.5 | 100.87 |
| LNG Imports | 0.0 | 0.0 | 0.1 | 0.17 |
| Canadian Imports | 5.7 | 5.6 | 6.4 | 5.8 |
| Total Supply | 110.8 | 110.2 | 108.0 | 106.87 |
| Industrial Demand | 23.9 | 23.4 | 22.9 | 23.03 |
| Electric Power Demand | 34.0 | 31.7 | 34.2 | 32.37 |
| Residential & Commercial | 19.3 | 20.4 | 16.0 | 17.6 |
| LNG Exports | 17.0 | 16.9 | 13.7 | 13.13 |
| Mexico Exports | 6.5 | 6.4 | 6.3 | 6.1 |
| Pipeline Fuel | 6.8 | 6.8 | 6.7 | 6.83 |
| Total Demand | 107.5 | 105.6 | 99.7 | 99.0 |
| Supply/Demand Balance | 3.3 | 4.6 | 8.3 | 7.87 |
TTF prices remained stable to 10.900 EUR/MWh (+0.000). JKM prices decreased to 11.000 USD/MMBtu (-0.130). JKM is trading at a premium of 0.100 to TTF, indicating strong Asian demand.
Front month: NOV 25
As of 2025-11-01
Front month: DEC 25
As of 2025-11-01
JKM is trading at a premium to TTF, indicating strong Asian demand.
As of 2025-11-01
| Month | Price (EUR/MWh) |
|---|---|
| NOV 25 | 10.900 |
| DEC 25 | 10.527 |
| JAN 26 | 10.632 |
| FEB 26 | 10.672 |
| MAR 26 | 10.562 |
| APR 26 | 10.199 |
| MAY 26 | 10.086 |
| JUN 26 | 10.108 |
| JUL 26 | 10.133 |
| AUG 26 | 10.191 |
| SEP 26 | 10.276 |
| OCT 26 | 10.376 |
| Month | Price (USD/MMBtu) |
|---|---|
| DEC 25 | 11.000 |
| JAN 26 | 10.950 |
| FEB 26 | 10.835 |
| MAR 26 | 10.530 |
| APR 26 | 10.035 |
| MAY 26 | 10.005 |
| JUN 26 | 10.165 |
| JUL 26 | 10.290 |
| AUG 26 | 10.445 |
| SEP 26 | 10.490 |
| OCT 26 | 10.495 |
| NOV 26 | 10.735 |
| Date | Prediction | Lower Bound | Upper Bound |
|---|---|---|---|
| 2025-11-01 | $4.1 | $3.76 | $4.44 |
| 2025-11-02 | $4.13 | $3.79 | $4.47 |
| 2025-11-03 | $4.14 | $3.8 | $4.48 |
| 2025-11-04 | $4.09 | $3.75 | $4.44 |
| 2025-11-05 | $4.09 | $3.74 | $4.43 |
Current market conditions indicate a neutral technical outlook with a Fibonacci support at 3.83 and resistance at 4.16. The ML price forecast suggests a potential decline of 0.56%, indicating short-term volatility risks. Traders should monitor for price movements within the range of 3.76 to 4.44 as fluctuations may present short-term trading opportunities.
The fundamental balance shows a slight contraction at 3.30 BCFD, which may impact production strategies. With a bullish overall market sentiment and specific positive sentiment for natural gas (+0.700), producers should consider adjusting their hedging strategies to capitalize on potential price increases. However, the sentiment surrounding supply risks could necessitate a cautious approach to production planning.
With moderate heating demand expected and low cooling demand, consumers should prepare for potential cost fluctuations in natural gas. The current weather outlook indicates increased heating degree days (HDD) in the Northeast and Midwest, which may lead to higher consumption costs. It's advisable for consumers to evaluate procurement strategies and consider hedging against potential price increases driven by demand spikes.
The market presents a mixed picture with bullish sentiment overall, particularly for natural gas. However, the fundamental balance indicates a contraction, suggesting potential volatility ahead. Key driving factors include weather patterns favoring heating demand and geopolitical risks affecting crude oil prices. Analysts should watch for shifts in sentiment and demand dynamics that could lead to significant market adjustments.