Natural Gas Corner - Seasonal Price Trend Reviiew - Multi-Year Price Low Could Be Forming

The natural gas market is a seasonally trending market with two seasonal lows set in a typical year. 

The seasonal price trend chart for natural gas below shows the trend over the past 3 years (blue line) and 5 years (green line) in comparison to the current year (green line).

The first seasonal low typically forms post-winter during the months of February-April.  The first low  for 2015 came in late-April,  slightly later than normal.

A second seasonal low is now expected over the next few months of trade.  This low typically forms during the months of August or September.

The next seasonal low could be a multi-year low for the natural gas market given the sharp drop in the natural gas rig count and increasing power generator demand.