Free Trial

TTF Rally Since March Amid Higher CSP and Macroeconomic Backdrop: Timera

NATGAS

TTF and JKM prices have seen a slight recovery since Mar 2024 amid higher coal for gas switching levels (CSP) as coal and carbon prices have rallied and with a broader commodity price rally, according to Timera Energy.

  • A rise in coal and carbon prices provides support for gas prices with a shift in the competitive balance in power markets towards gas-fired plants.
  • A broad commodity price rally is potentially signalling an increase in demand expectations linked to a strengthening macroeconomic backdrop.


Source: TImera Energy

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.