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Fertiliser Price Tracker
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<blockquote data-quote="Bramble" data-source="post: 8133339" data-attributes="member: 829"><p>Sort of positive news, taken from theTimes</p><p></p><p>Next day gas prices in the U.K. have crashed since mid-April. Warmer weather and a glut of LNG deliveries have meant that prices have been falling fast as the gas cannot be exported to Europe (where prices are 4 times higher) quickly enough as the interconnector network, combined with a lack of U.K. storage, cannot handle the volumes involved.</p><p></p><p>Decommissioning the Rough storage facilities a couple of years ago doesn’t look like a great strategic decision now. At least CF will get their hands on some cheap gas. CF shares must be a ’buy’</p></blockquote><p></p>
[QUOTE="Bramble, post: 8133339, member: 829"] Sort of positive news, taken from theTimes Next day gas prices in the U.K. have crashed since mid-April. Warmer weather and a glut of LNG deliveries have meant that prices have been falling fast as the gas cannot be exported to Europe (where prices are 4 times higher) quickly enough as the interconnector network, combined with a lack of U.K. storage, cannot handle the volumes involved. Decommissioning the Rough storage facilities a couple of years ago doesn’t look like a great strategic decision now. At least CF will get their hands on some cheap gas. CF shares must be a ’buy’ [/QUOTE]
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