Gas price stability remains elusive – Rabobank
26.09.2024, 12:00

Gas price stability remains elusive – Rabobank

European gas demand is down 10% y-o-y due to weak demand from the power and heating sector, while industrial gas demand remains flat, Rabobank’s commodity analysts note.

Geopolitical tensions continue to drive price volatility

“A colder-than-usual winter will increase heating demand and competition for LNG, but Europe is unlikely to come out as the premium global gas market. Higher winter heating demand also poses a new risk for 2025, as it will force Europe’s LNG imports to rise again!”

“Geopolitical tensions, particularly around Russian gas deliveries and Middle Eastern conflicts, continue to drive price volatility. Speculative positioning has also influenced recent price movements, with the potential for further sell-offs depending on geopolitical developments. We still expect TTF gas prices to average €38/MWh in Q4 and €36-37/MWh in winter 2025/2026.”

“The European carbon market is closely following price variations of the TTF gas market, while geopolitical risks remain the key drivers for volatility. Elevated gas prices are driving demand for more carbon-intensive coal-fired power plants and consequently EU Allowances (EUAs) this winter. We forecast EUA prices to range €68-71/t CO2e in Q4.”

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik