October Nymex natural gas (NGV26) on Tuesday closed up +0.129 (+4.55%).
Nat-gas prices recovered from a 1-week low on Tuesday and settled sharply higher on forecasts for hot US autumn weather, potentially boosting nat-gas demand from electricity providers to power increased air conditioning use. The Commodity Weather Group said Tuesday that forecasts shifted to hotter, with above-average temperatures expected in the South-Central US through October 6.