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TFC Commodity Trading Forum

Re: Weather and Tropical update Sept 4th/CJ

Similarly to you, i've found the short-term price movements hard to fathom let alone predict. Cooler weather coming this week to TX will reduce demand, but Lee has had an impact on production, and i suspect the heavy rains of much of the shale gas producing areas in the east this week will have some kind of effect. And then there's the next gulf storm to consider which, if it materializes in the Bay of Campeche, will have a much better structure than Lee. So stay tuned and keep your stops sharp :)