Natural Gas Price News: Forecast, Historical Data

The substantial drop in Natural Gas Price Trend in China can be attributed to high supply, decreased demand, and record production. By December of Q4 2023, the price of natural gas in China had reached 3485 USD/1000 MMBtu.

The latest report by IMARC Group, titled "Natural Gas Pricing Report 2024: Price Trend, Chart, Industry Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the price trend. This report delves into the Price of Natural Gas globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Natural Gas Price News, analyzing how it impacts industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this Price report an invaluable resource for industry stakeholders.

Natural Gas Prices December 2023: 

• China: 3485 USD/1000 MMBtu

 

Report Offering: 

• Monthly Updates: Annual Subscription
• Quarterly Updates: Annual Subscription
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The study delves into the factors affecting natural gas price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the industry, equipping stakeholders with the latest information on industry fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

 

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/natural-gas-pricing-report/requestsample

 

Key Details About the Natural Gas Price News and Trend - Q4 2023

The natural gas industry is influenced by the rising focus on electricity generation, heating, and industrial processes. The shift towards cleaner energy sources is catalyzing the demand for natural gas because it is a relatively cleaner fossil fuel as compared to coal and oil. Innovations in extraction methods, such as hydraulic fracturing and horizontal drilling, assist in increasing natural gas production. Hydraulic fracturing is a technique where high-pressure fluid is injected into subterranean rock formations to create fractures. Moreover, the horizontal drilling method increases the surface area in contact with the reservoir, allowing for greater gas production from a single well compared to traditional vertical drilling. Apart from this, natural gas is used in commercial and residential kitchens due to its instant heat and precise temperature control. It is a crucial feedstock in the production of chemicals like methanol, ammonia, and ethylene. It serves as a building block for plastics, fertilizers, and other chemical products.  

 

Factors Influencing Natural Gas Prices in the Fourth Quarter

In North America - Q4, 2023

In Q4 of 2023, the North American natural gas industry experienced several influential dynamics. A bullish industry trend emerged, driven by robust demand from the Mexican industry. Despite a moderate to high supply of natural gas, a decline in domestic gas storage to meet demand caused a price hike in the domestic industry. In the USA, high demand, particularly in the power sector, was observed despite lower heating demand.

In the Asia Pacific - Q4, 2023

In the Asia Pacific region, natural gas prices in Q4 of 2023 were influenced by various factors. The power sector's heightened demand and dwindling gas inventory during winter further led to price hikes. In China, significant decreases in natural gas prices were noted due to abundant inventory, reduced demand, and record production.

In European - Q4, 2023

In Q4 of 2023, the European natural gas industry experienced bearish conditions because of an ongoing energy crisis and a weak global economy. Despite freezing temperatures in some areas and supply disruptions from Australia, natural gas prices in Germany continued to decline. Key factors influencing the industry included the escalation of the Israel-Hamas conflict, potential sabotage of gas infrastructure, geopolitical supply bottlenecks, and increased demand in the power sector.

In the Middle East and Africa - Q4, 2023

Furthermore, the Middle East and Africa (MEA) region's natural gas industry in Q4 of 2023 was impacted by strong household demand from India during the festive season and increased demand for gas supply from the Middle East to Europe and Asia, driven by a slump in Russian gas production.     

 

Key Points Covered in the Natural Gas Pricing Report: 

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• Natural Gas Prices
• Natural Gas Price Trend
• Natural Gas Demand & Supply
• Natural Gas Industry Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Natural Gas Price Analysis
• Natural Gas Industry Drivers, Restraints, and Opportunities
• Natural Gas News and Recent Developments
• Global Event Analysis
• List of Key Players

 

Regional Price Analysis: 

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

 

About Us:

IMARC is a leading industry research company that offers management strategy and industry research. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major industry, scientific, economic, and technological developments for pharmaceutical, industrial, and high-technology business leaders. Industry forecasts and analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive industry intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

 

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