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20.0¢ terracom limited

They can both be used to generate electricity.

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8,363 Posts.

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21/01/23

13:49

Post #: 65810122
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Originally posted by w1londongroup: ↑

US natural gas futures were trading below $3.4/MMBtu, closing in on their lowest level since June 2021, as soaring domestic production and high storage levels offset prospects of a recovery in demand amid forecasts of a cold spell. US natural gas production is likely to grow more than 2% this year to a record daily average of 100.3 billion cubic feet, the Energy Information Administration said. At the same time, EIA data showed that utilities unexpectedly injected 11 bcf into storage last week. Adding to the bearish tone, the Freeport LNG export plant in Texas, forced to go offline in June following a fire, again delayed the restart to the second half of January, leaving more supply on the domestic market. Still, arctic weather will move into the United States next week, resulting in below-normal temperatures, which, in turn, should boost demand for heating and push prices higher.

im not sure I see the link between coal and NG other than they can both be used for heating the home.

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They can both be used to generate electricity.

TER Price at posting: $1.04 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 20.0¢		Change -0.010(4.76%)		Mkt cap ! $160.1M

Open	High	Low	Value	Volume
21.5¢	21.5¢	20.0¢	$512.1K	2.535M

Buyers (Bids)

No.	Vol.	Price($)
27	269490	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.5¢	138360	2

View Market Depth

No.	Vol.	Price($)
27	269490	0.200
10	414405	0.195
9	313148	0.190
3	37800	0.185
8	328687	0.180

Price($)	Vol.	No.
0.205	138360	2
0.210	197418	8
0.215	170944	6
0.220	209728	8
0.225	109382	4

Last trade - 16.10pm 25/06/2024 (20 minute delay)

TER (ASX) Chart