NYMEX Natural Gas Futures Contract Prompt month Sep 23 NYMEX Futures settlement +US$0.042/MMBtu at $2.64, high of $2.68, low of $2.56, traded range of $0.121. Summer 23 +$0.042 at $2.702, Winter 2023 +$0.022 at $3.54.
Market Fundamentals Today marks first day of trading the Sept 23 with extreme volatility from the open througout the day closing out higher than expected. Open interest in the Sept 23 contract was three time greater than the Oct 23 contract demonstrating a strong interest from Fincancial traders as the phyical inventory injection start to become less of a factor. Thank you for reading our daily blog. Enjoy your summer weekend.