The Hedge Book logo The Hedge Book Read smarter. Invest better.

Covered Commodity and Power Product

EU Natural Gas (Dutch TTF)

TFM · ICE Endex Dutch TTF Natural Gas monthly futures · EUR per MWh

Current futures priceEUR 82.45
Current priceEUR 82.45
Daily return-3.7%
Weekly returnN/A
Monthly returnN/A
YTD returnN/A
Contract monthDec26
Contract expiration2026-12-31
Rollover statusUnavailable
Contract seriesICE Endex Dutch TTF Natural Gas monthly futures
RegionEurope
Price-feed statusDelayed market data enabled
UnitsEUR per MWh
CurrencyEUR
ProviderICE public delayed futures data
Timestamp

Current signal

  • Available verified data for EU Natural Gas (Dutch TTF) provides no live price or settlement quote, leaving current physical futures levels unconfirmed.
  • Monitoring relies on the official contract specification from ICE Endex, which establishes the asset as a monthly physical natural gas contract quoted in EUR per MWh for the European region.

What changed

  • No price observations or directional moves were recorded during the 7-day evidence window.
  • The baseline structure remains anchored exclusively by the official ICE Endex contract parameters pending updated market feeds.

Why it matters

  • Without active TTF pricing, immediate transmission impacts on European power generation costs, industrial energy margins, and retail gas price trends cannot be quantified.
  • A absence of verified data prevents assessing changes in winter storage drawdown rates or cross-asset inflationary pressures across European markets.

Bullish factors

  • Supply curtailments or unexpected pipeline disruptions across European import corridors would typically support TTF contract pricing once verified data updates.
  • Faster-than-expected gas storage drawdowns during cold weather spells represent a potential upside catalyst for TTF futures.

Bearish factors

  • Above-average European storage fill levels reported by official sources like GIE AGSI would act as a primary cap on TTF price gains.
  • Weak industrial energy demand or robust liquefied natural gas (LNG) import arrivals represent downside price drivers.

Key catalysts

  • Official weekly European gas storage inventory updates from GIE AGSI.
  • Verified pipeline import flow reports and LNG terminal receiving volumes across key European hubs.

Key risks

  • Unanticipated supply outages at major Norwegian gas fields or processing facilities.
  • Sudden shifts in European winter weather forecasts driving rapid changes in heating demand.

Upcoming reports

  • Publication of the next scheduled GIE AGSI European gas storage inventory update.
  • Release of upcoming IEA and EIA monthly gas market balance reports.

Latest verified updates

  • The official contract reference confirms the ICE Endex Dutch TTF Natural Gas futures product standard in EUR per MWh.
  • No specific supply, inventory, or pricing observations were reported in the current research window.

Sources

ICE public delayed futures data

Last updated: