德商银行：欧洲天然气价格飙升风险依然存在

Core Viewpoint - The natural gas market remains tight, with risks of short-term price spikes if colder weather occurs, despite current inventory levels not having reached seasonal lows [1] Group 1: Market Conditions - The benchmark Dutch TTF natural gas futures contract fell by 1% to €30.61 per megawatt hour, influenced by forecasts of milder weather and a significant drop in prices at the US Henry Hub [1] - EU natural gas storage levels are significantly below seasonal averages, but sufficient liquefied natural gas (LNG) supply is expected to help avoid a complete supply shortage for the remainder of winter [1] Group 2: Inventory and Supply Dynamics - Inventory withdrawals are expected to continue for several weeks, leaving the market susceptible to fluctuations due to potential cold weather [1]