Europe & Russia Price trends
July 2018
European hub prices remain robust at the peak of summer despite weak demand.
The NBP month-ahead averaged 57.6 p/th over the first half of July 2018 and was around 57 p/th by the middle of the month. The NBP month-ahead averaged around 35.5 p/th during the first half of July 2017. The NBP month-ahead is expected to remain up on an annual basis over the coming weeks.
Similar trends were seen at the region’s other major hubs – the TTF...