Trade on the Dutch TTF and British NBP natural gas hubs dropped year on year in June for the third consecutive month, broker and exchange data collated by ICIS showed.
Trade on the front-winter product was hit hardest, more than halving at both of Europe’s two largest markets.
ICIS looks at the key fundamental reasons why liquidity at Europe’s two largest gas hubs declined, including low price volatility, issues at Britain’s Rough storage site and production caps at the Netherlands’s Groningen field.
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