Description

Natural Gas Forward Curve chart shows the price (end of day closing price or the latest price at the time of an update) of 25 natural gas back-month contracts (NYMEX Henry Hub). The chart also shows the latest price of the front month contract.

A front month contract (also referred to as "the prompt month contract" or simply "the prompt") is a futures contract with an expiration date closest to the current date. It is often, but not always, the most actively traded futures contract. A back-month contract (also referred to as "far month contract") is a type of futures contract that expires in any month past the front month futures contract. The price of the first back month futures contract is often used along with the front month futures price to calculate the calendar spread. The forward curve is essentially a function graph that defines the prices at which a contract for future delivery can be concluded today. It is also often referred to as "the forward strip". When natural gas forward curve is upward-sloping, the market is in "contango". When natural gas forward curve is downward-sloping, the market is in "backwardation".

Update: every weekday + Sunday afternoon.

Source: CME Group

Update: every month

Source: CME Group