MNI China Daily Summary: Friday, January 10

MNI BRIEF: China To Adopt Very Proactive Fiscal Policy-Offical

CANADA LIBERAL LEADERHIP VOTE TO REPLACE TRUDEAU SET FOR MAR 9

MNI BRIEF: PBOC Suspends Bonds Trades As Yields Drop

MNI: PBOC Net Drains CNY14.8 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1891 Fri; -2.36% Y/Y

USDA: CORN STOCKS 12,074M BSL ON JAN 1

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.87B BSL

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NATGAS: Henry Hub Erases Gains

NATGAS
USEnergy BulletsNorth AmericaBulletPower BulletsCommodities

Henry Hub has erased earlier gains to be trading lower today. Henry Hub has tracked some of the losses across the global energy complex, with optimism around an Israel-Hezbollah ceasefire adding pressure to oil and gas.

  • However, colder weather and strong domestic and LNG demand is likely to remain supportive and cap any losses.
  • US Natgas DEC 24 down 0.5% at 3.35$/mmbtu
  • US Natgas MAY 25 up 1.1% at 3.08$/mmbtu
  • Lower 48 natural gas demand is up again to 89.3bcf/d today, according to Bloomberg. Demand is expected to be boosted later this week with colder weather and winter storms.
  • Lower 48 is expected to see a drop in average temperatures into the end of the month and into early December before a slight recovery during the second week of the outlook. The NOAA 6-14 day forecast shows below normal in the east but above normal in the west.
  • US LNG export terminal feedgas supply is estimated at 13.90bcf/d today, BNEF shows with a recovery in Freeport flows after a dip in the previous couple of days.
  • US domestic natural gas production remains strong at 103.9bcf/d today after rising to the highest since August the previous day, according to Bloomberg, and compared to an average of 101.7bcf/d so far in November.
  • Export flows to Mexico are estimated at 6.1bcf/d today, according to Bloomberg.
215 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Henry Hub has erased earlier gains to be trading lower today. Henry Hub has tracked some of the losses across the global energy complex, with optimism around an Israel-Hezbollah ceasefire adding pressure to oil and gas.

  • However, colder weather and strong domestic and LNG demand is likely to remain supportive and cap any losses.
  • US Natgas DEC 24 down 0.5% at 3.35$/mmbtu
  • US Natgas MAY 25 up 1.1% at 3.08$/mmbtu
  • Lower 48 natural gas demand is up again to 89.3bcf/d today, according to Bloomberg. Demand is expected to be boosted later this week with colder weather and winter storms.
  • Lower 48 is expected to see a drop in average temperatures into the end of the month and into early December before a slight recovery during the second week of the outlook. The NOAA 6-14 day forecast shows below normal in the east but above normal in the west.
  • US LNG export terminal feedgas supply is estimated at 13.90bcf/d today, BNEF shows with a recovery in Freeport flows after a dip in the previous couple of days.
  • US domestic natural gas production remains strong at 103.9bcf/d today after rising to the highest since August the previous day, according to Bloomberg, and compared to an average of 101.7bcf/d so far in November.
  • Export flows to Mexico are estimated at 6.1bcf/d today, according to Bloomberg.