NYMEX Natural Gas Futures Contract Prompt month May 2023 -US$0.08 /MMBtu at $2.104, Summer 2023 -$0.09 at $2.53, Winter 2023 -.07 at $3.57 US/Mmbtu.
Market Fundamentals The market opened down after the April contract rolled off the board sub $2.00. This market is marching down ever so slowly as we enter the shoulder season. Contract volume is being heavily traded in May and July 23 contracts. The balance of the months are relatively light. Traders are selling the prompt month and shorting the July contract. Enjoy another cold winter day in March. (RS)