German Natgas Prices Slump as Hedge Funds Remain Net Short

Natural gas prices are expected to fall further due to hedge funds remaining net short on the commodity. This is according to an analysis by a TradingView user, who noted that retail traders are still holding onto their long positions despite the losses.

The analyst pointed out that there is an untapped demand zone at approximately $2.36 since 2024, but the current market conditions suggest otherwise.

A decline of -12% in natural gas prices over the next few days or weeks is likely, as producers and leveraged funds continue to hedge with short positions.