Europe & Russia Price trends

November 2017

Colder temperatures have supported a rise in European hub prices in recent weeks, but the weather-related support is not set to continue.

The NBP month-ahead was around 52-54 p/th in the middle of November after fluctuating during the middle of the month in response to weather-related demand changes. The NBP month-ahead rose by around 8% during the first half of November.

European month-ahead hub prices, p/th

Gains were also seen at the TTF and NCG during the start of the month. The TTF month-ahead...

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