Exchange gas prices in Europe drop about 1%

Exchange prices for gas in Europe at the beginning of trading lost about 1% and fell below $1,200 per 1,000 cubic meters, Report informs referring to the London Stock Exchange ICE.

December futures on the index of the largest European hub TTF, located in the Netherlands, opened trading at $1,208.8 per 1,000 cubic meters.

Then they dropped to $1,190.8. The dynamics of prices is based on the settlement price of the previous trading day - $1,204.6 per 1,000 cubic meters.