Exchange gas prices in Europe fall by 4.4%

Gas prices in Europe fell by over 4% at the beginning of the first trading day of the week, Report informs with reference to the London Stock Exchange ICE.

March (nearest) futures on the TTF index (the largest hub in Europe, located in the Netherlands) opened trading at $573.9 per thousand cubic meters. Then they fell to $570.4 (-4.4%).

The dynamics of quotations are based on the settlement price of the previous trading day (Friday) - $596.7 per thousand cubic meters.