MA(9): $3.35
MA(20): $3.14
MACD: 0.0849
Signal: 0.0788
Days since crossover: 10
Value: 48.29
Category: NEUTRAL
Current: 198,680
Avg (20d): 169,434
Ratio: 1.17
%K: 41.08
%D: 57.07
ADX: 20.65
+DI: 24.63
-DI: 22.92
Value: -58.92
Upper: 3.59
Middle: 3.14
Lower: 2.68
| Category | Current (BCFD) | Last Week | Last Year | 3 Yr Avg |
|---|---|---|---|---|
| Dry Production | 105.2 | 105.8 | 101.7 | 100.87 |
| LNG Imports | 0.0 | 0.0 | 0.1 | 0.1 |
| Canadian Imports | 4.9 | 5.0 | 5.7 | 5.63 |
| Total Supply | 110.1 | 110.8 | 107.4 | 106.63 |
| Industrial Demand | 21.8 | 22.0 | 22.1 | 22.17 |
| Electric Power Demand | 35.0 | 37.0 | 38.6 | 35.13 |
| Residential & Commercial | 19.0 | 11.5 | 9.4 | 10.9 |
| LNG Exports | 16.0 | 15.8 | 12.4 | 12.07 |
| Mexico Exports | 6.4 | 6.8 | 6.7 | 6.37 |
| Pipeline Fuel | 6.8 | 6.8 | 6.6 | 6.67 |
| Total Demand | 105.0 | 99.9 | 95.9 | 93.33 |
| Supply/Demand Balance | 5.1 | 10.9 | 11.5 | 13.3 |
TTF prices decreased to 10.950 EUR/MWh (-0.043). JKM prices decreased to 11.060 USD/MMBtu (-0.020). JKM is trading at a premium of 0.110 to TTF, indicating strong Asian demand.
Front month: NOV 25
As of 2025-10-11
Front month: NOV 25
As of 2025-10-11
JKM is trading at a premium to TTF, indicating strong Asian demand.
As of 2025-10-11
| Month | Price (EUR/MWh) |
|---|---|
| NOV 25 | 10.950 |
| DEC 25 | 11.061 |
| JAN 26 | 11.163 |
| FEB 26 | 11.189 |
| MAR 26 | 11.033 |
| APR 26 | 10.628 |
| MAY 26 | 10.487 |
| JUN 26 | 10.481 |
| JUL 26 | 10.511 |
| AUG 26 | 10.566 |
| SEP 26 | 10.647 |
| OCT 26 | 10.725 |
| Month | Price (USD/MMBtu) |
|---|---|
| NOV 25 | 11.060 |
| DEC 25 | 11.030 |
| JAN 26 | 11.230 |
| FEB 26 | 11.195 |
| MAR 26 | 10.890 |
| APR 26 | 10.455 |
| MAY 26 | 10.390 |
| JUN 26 | 10.470 |
| JUL 26 | 10.655 |
| AUG 26 | 10.795 |
| SEP 26 | 10.845 |
| OCT 26 | 10.865 |
| Date | Prediction | Lower Bound | Upper Bound |
|---|---|---|---|
| 2025-10-11 | $3.12 | $2.88 | $3.35 |
| 2025-10-12 | $3.09 | $2.86 | $3.33 |
| 2025-10-13 | $3.1 | $2.87 | $3.34 |
| 2025-10-14 | $3.1 | $2.87 | $3.34 |
| 2025-10-15 | $3.12 | $2.89 | $3.35 |
Current market indicators suggest a neutral outlook with a Fibonacci support at 3.01 and resistance at 3.12. The ML price forecast indicates a slight upward movement of 0.34% with a range between 2.88 and 3.35. Traders should be cautious of volatility given the overall bearish sentiment reflected in the news sentiment score of -0.725.
The fundamental balance is currently at 5.10 BCFD, indicating a slight decrease, which may affect production planning. The bearish sentiment in the market could lead to cautious hedging strategies. Producers should monitor the weather outlook as the demand for heating remains low, particularly in the Northeast and Midwest, potentially impacting gas sales.
With the weather outlook favoring cooling demand in the South and West, consumers may experience stable supply but should prepare for potential cost fluctuations given the bearish market sentiment. The current fundamental balance suggests adequate supply, but increased demand in cooling regions could impact pricing. Consideration for procurement strategies is advised.
The market is currently characterized by a bearish sentiment, driven by a fundamental balance showing a decline and a neutral technical score. The weather outlook suggests a mixed demand scenario, with cooling dominating in certain regions. Analysts should focus on the implications of the ML price forecast and monitor geopolitical factors that may shift market dynamics.