Gas prices are down 13% at auction in Europe, at just over $2,100 per thousand cubic metres, APA-Economics reports.
October futures (based on Europe’s largest central TTF index) were $2,456.8 per thousand cubic meters (+0.1%) at trade open and were down to $2,128 (-13.7%) as of 17.57 Moscow time.
The maximum price has dropped to $2,111.4 (-14%).
It was noted that the dynamics of the bids were given at the previous day’s settlement price – $2,455.2 per thousand cubic meters.