ING: Funds Boost Net Long Positions in TTF Natural Gas on Storage and LNG Competition
ING analysts Warren Patterson and Ewa Manthey report that investment funds have sharply increased net long positions in TTF natural gas, driven by concerns over storage levels and competition from LNG.
ING's Warren Patterson and Ewa Manthey note that investment funds have sharply raised net long positions in TTF natural gas. The move is driven by growing concerns over storage levels as competition from LNG intensifies.
The analysts highlight that the storage challenge is exacerbated by the ongoing competition for LNG cargoes, which adds pressure to the European gas market. Fund positioning reflects expectations of tighter supply conditions.
Source: FXStreet Forex News