NG November and December contract

Winter storage is very valuable due to the volatility in prices. Owning storage or owning capacity is a real option and that option is expensive between nov and mar.

 

is 0.4 US$ the fix cost of storage for every month? or almost?

 

No, the storage cost varies by month. Obviously in the winter it's the highest since storage is more valuable in December then in say July.

 

Thank you, sir

 

By the way, what is the average storage cost for July? 0.2 US$?

 

Storage cost is privately negotiated.