Why are Natural Gas - TTF Prices so high?
15-04-2026 - Over the past month, the price of Natural Gas (TTF) has fallen from €50.115/MWh to €43.365/MWh, indicating a notable decline in the raw material market. Despite this downward trend, the forecast predicts a slight increase to €44.9/MWh, representing a 3.5% rise from the current price. However, this forecast carries risks due to potential volatility in raw material prices, which could affect its accuracy.
The current forecast suggests upward price pressure driven by factors such as Seaborne Imports & Exports and Exchange Rates, contributing a combined impact of €1.94/MWh. Conversely, Demand, Supply, and Technical data indicate downward pressure, presenting mixed signals for raw material prices.
Recent developments in the European natural gas market suggest a potential price decline, contrasting with the forecasted increase to €44.9/MWh for the upcoming month. According to an Argus Media report dated April 8, 2026, the front-month price at the Dutch TTF gas hub opened at €42.90/MWh, marking an 18% drop from the previous day's close. This decrease was attributed to news of a two-week ceasefire between the US/Israel and Iran, alongside efforts to resume LNG production in Qatar. While the ceasefire news significantly impacted summer delivery contracts, winter 2026-27 prices remained relatively stable.
This information highlights a divergence between external sources and the forecast regarding the direction of natural gas prices for the upcoming month.
The current forecast suggests upward price pressure driven by factors such as Seaborne Imports & Exports and Exchange Rates, contributing a combined impact of €1.94/MWh. Conversely, Demand, Supply, and Technical data indicate downward pressure, presenting mixed signals for raw material prices.
Recent developments in the European natural gas market suggest a potential price decline, contrasting with the forecasted increase to €44.9/MWh for the upcoming month. According to an Argus Media report dated April 8, 2026, the front-month price at the Dutch TTF gas hub opened at €42.90/MWh, marking an 18% drop from the previous day's close. This decrease was attributed to news of a two-week ceasefire between the US/Israel and Iran, alongside efforts to resume LNG production in Qatar. While the ceasefire news significantly impacted summer delivery contracts, winter 2026-27 prices remained relatively stable.
This information highlights a divergence between external sources and the forecast regarding the direction of natural gas prices for the upcoming month.
What is the current / spot price of Natural Gas - TTF?
Natural Gas - TTF Price Today
April 15, 2026
Current Price
43.37
What is the forecast for the price of Natural Gas - TTF?
Natural Gas - TTF Price Forecast
April 21, 2026
1 Month Forecast
44.9
1 Year Forecast
55.55
What are the short-term drivers of Natural Gas - TTF prices?
Over the 1 Month horizon the outlook is bullish due to drivers such as: - LNG exports from Malaysia - LNG imports to Spain - Short term price trends Br(None) The top contrary drivers for the 1 Month horizon are: - Long term price trends - The shape of the futures curve
What are the long-term drivers of Natural Gas - TTF prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - Natural Gas EIA Stocks Br(None) The top contrary drivers for the 1 Year horizon are: - The net positions of speculators on ICE - LNG exports from Australia - The shape of the futures curve - Movements in the Russian Ruble
Will the price of Natural Gas - TTF go up?
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ChAI Protect is our commodity price risk insurance offering, created to protect your company from the financial risks associated with raw material price movements.
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