Prices took a breather

  • Gas

European gas prices dropped yesterday, taking a breather after the previous sessions’ strong increases.

The drop in Asia JKM prices and in parity prices with coal for power generation (both EUA and coal prices were down) provided additional downward pressure.

On the pipeline supply side, Norwegian flows dropped slightly yesterday, averaging 282 mm cm/day, compared to 284 mm cm/day on Tuesday. As for Russian flows, they remained stable once again, at 332 mm cm/day on average.

ttf-cal-2022
Share this news :

You might also read :

ES-economy
August 24, 2021

Markets erase last week’s losses

Equity markets and commodity prices rebounded sharply yesterday as the dollar lost ground: the exchange rate against the euro rose to around 1.1750. The bond…
ES-power
May 18, 2021

EUAs took a breath from last week’s rally

The European power spot prices remained rather stable yesterday, torn between expectations of higher power demand and weaker wind production, and forecasts of improved French…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]