NYMEX Natural Gas Futures Contract April 2023 prompt month +US$0.125/MMBtu at $2.348 | Summer 2023 +$0.165 at $2.785 | Winter 2023 +$0.193 at $3.745.
Market Fundamentals After trading to a low of $2.127 today, the April 2023 contract rebounded hard to settle up. The noon weather mode runs trended much colder for the end of March into April, significantly increasing demand. This new trend will need to be verified with subsequent runs over the next few days, but the change was enough to get traders going late afternoon. ~CL