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Monday, March 23, 2015
Natural Gas Seasonal Price Trend Update - Heading Toward A Post-Winter Seasonal Low
The seasonal trend chart for the natural gas market shows the price trend in the market over the past 3 and 5 years.
The market should be nearing the first of two expected seasonal lows for 2015. While the market doesn't look like it has yet bottomed, current weakness should be the final price break before a low is set ahead of the summer cooling season.
A second and final seasonal low is expected in the August/September time frame. Over the past 3 and 5 years, the secondary seasonal low is typically the lowest price point for the year in the market and the optimal time to add to longer dated coverage.
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