Americas Price trends
Forward and futures markets
Cold weather in the US will render bullish sentiment to the Henry Hub front-month futures price during Q1 2018.
The Henry Hub front-month futures price averaged $3.01/MMBtu in 2017, marking a year-on-year rise of over 18%. The harsh winter, together with depleted gas stocks in the US, will support the price in 2018. Nevertheless, the country’s improving gas-production profile will cap price gains. GGA forecasts the front-month price will average $3.3/MMBtu in 2018.
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