|Product Name||Natural Gas|
|Currency||US$ (Data can also be provided in local currency)|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Natural Gas Prices: https://www.procurementresource.com/resource-center/natural-gas-price-trends/pricerequest
Natural gas is a non-renewable energy source obtained from fossil fuels. It is made from the dead remnants of plants and animals that have been trapped under a thick layer of dirt for millions of years, subjected to pressure and heat.
It is a gaseous mixture made up of various hydrocarbons and gases including carbon dioxide, nitrogen, and methane. It seems to be a very flammable, colourless gas. In comparison to other energy sources, it has fewer impurities, is affordable and dependable, produces less pollution after combustion, is chemically simpler, and produces less carbon dioxide.
The top natural gas-producing countries are Russia, Iran, Qatar, Turkmenistan, and the United States.
Key Details About the Natural Gas Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the silver price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The natural gas price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Natural Gas Price Trend:
Due to its use in producing power and providing heat for cooking purposes, natural gas demand is on the rise. In addition, it is widely utilised as a fuel in a variety of automobiles, which encourages the growth of its market.
Moreover, it plays a crucial function as a chemical feedstock in the production of fertilisers, polymers, and dyes, which is accelerating the market’s growth.
The manufacture of fertilisers, the conversion of methane into hydrogen, and several products used in daily life are other uses for the commodity that are advancing the growth of the sector.
Key Market Players:
- Gazprom PAO,
- Royal Dutch Shell Plc
- Exxon Mobil Corporation,
- Total SA,
- PetroChina Company Limited,
- BP Plc
News and Events:
- September 27, 2022: Prices for natural gas in Europe increased after reports of leaks from both strands of the Nord Stream pipeline beneath the Baltic Sea shattered any glimmer of hope for a return to more typical levels of imports from Russia over the upcoming winter. The benchmark for northwest Europe gas prices, the front-month Dutch TTF contract, was up 8.8% at 189.10 euros per megawatt-hour by 05:30 ET (09:30 GMT), after falling to a two-month low of 168.50 EUR/Mh.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Company Name: Procurement Resource
Contact Person: Chris Byrd
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