RaboResearch has raised its price forecasts for the Dutch TTF natural gas market for the fourth quarter of 2026 and the first quarter of 2027. The updated projections now stand at €72 per megawatt-hour (MWh) for Q4 2026 and €58/MWh for Q1 2027, reflecting ongoing supply concerns.
According to FX Street, these adjustments are driven by prolonged disruptions around the Strait of Hormuz, reduced gas storage levels across Europe, and an increased reliance on liquefied natural gas (LNG) imports. These factors combine to exert upward pressure on natural gas prices in the European market.
For Japanese investors and energy market participants, these developments highlight the continued volatility in global gas supplies, which can influence LNG pricing and energy costs in Japan, a major LNG importer dependent on stable international markets.