Natural Gas Futures

QUOTE AND NEWS
MarketWatch  Sep 18  Comment 
U.S. natural-gas inventories rose 90 billion cubic feet on the week ended Sept. 12, the Energy Information Administration said Thursday. That was in line with Wall Street expectations, with analysts polled by Platts forecasting an increase between...
Mondo Visione  Sep 16  Comment 
The U.S. Commodity Futures Trading Commission (CFTC) today announced that it has entered into a consent Order settling charges brought against Brian Hunter, resident of Calgary, Alberta, for attempting to manipulate the price of natural gas...
The Hindu Business Line  Aug 28  Comment 
The natural gas futures traded on the Multi Commodity Exchange has risen by about 4 per cent in the past week. The price action over the last one month is suggesting the formation of a dou...
Resource Investor  Aug 19  Comment 
Natural gas futures climbed for a second day in New York as forecasts showed hotter-than-normal U.S. weather that would boost demand for the power-plant fuel after the coolest July in five years.
Resource Investor  Aug 14  Comment 
Natural gas futures jumped in New York, heading for the biggest one-day gain in two months, after the government reported a U.S. stockpile increase that was smaller than analysts predicted.
Resource Investor  Aug 12  Comment 
Natural gas futures traded near a three-week high in New York as meteorologists predicted an August heat wave that would spur demand for electricity generation after a mild June and July.
Resource Investor  Aug 5  Comment 
Natural gas futures gained for a second day in New York on speculation that seasonal August weather will stoke demand for the power-plant fuel.
Resource Investor  Jul 31  Comment 
Natural gas futures headed for the biggest monthly percentage drop since March 2012 on speculation that supplies of the power-plant fuel rose by more than average for a 15th straight week.




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Natural Gas futures are traded on the New York Mercantile Exchange under ticker symbol NG in U.S dollars and cents per mmBtu.[1]

The chart at left shows front-month Natural Gas prices on the NYMEX in dollars per mmBTU.

Delivery Dates

Natural Gas futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November and December (all months).[1]

The following is a table with Natural Gas futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.

Delivery Month Full Ticker Symbol Thomson-Reuters Symbol
January, 2009NGF9NG/F9-NM
February, 2009NGG9NG/G9-NM
March, 2009NGH9NG/H9-NM
April, 2009NGJ9NG/J9-NM
May, 2009NGK9NG/K9-NM
June, 2009NGM9NG/M9-NM
July, 2009NGN9NG/N9-NM
August, 2009NGQ9NG/Q9-NM
September, 2009NGU9NG/U9-NM
October, 2009NGV9NG/V9-NM
November, 2009NGX9NG/X9-NM
December, 2009NGZ9NG/Z9-NM


Contract Specifications

Contract Size

One Natural Gas futures contract on the New York Mercantile Exchange is 10,000 million British thermal units (mmBtu).[1]

Tick Value

$0.001 (0.1¢) per mmBtu ($10.00 per contract).[1]

Daily Price Limit

$3.00 per mmBtu ($30,000 per contract) for all months. If any contract is traded, bid, or offered at the limit for five minutes, trading is halted for five minutes. When trading resumes, the limit is expanded by $3.00 per mmBtu in either direction. If another halt were triggered, the market would continue to be expanded by $3.00 per mmBtu in either direction after each successive five-minute trading halt. There will be no maximum price fluctuation limits during any one trading session.[1]

Trading Hours

  • On the CME Globex electronic platform: 6:00 PM until 5:15 PM via the CME Globex® trading platform, Sunday through Friday. There is a 45-minute break each day between 5:15PM (current trade date) and 6:00 PM (next trade date), New York Time.[1]
  • Open Outcry (pit session): 9:00 AM until 2:30 PM, New York Time.[1]

Last Trading Day

Trading terminates three business days prior to the first calendar day of the delivery month.[1]

Deliverable Grades

Pipeline specifications in effect at time of delivery.[1]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 The New York Mercantile Exchange's contract specification for Natural Gas futures
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