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Europe: TTF futures for November averaged €47/MWh in October

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As for TTF gas futures in the ICE market for the FrontMonth, the average value registered during October was €47.07/MWh. Compared to the average for the FrontMonth futures traded in September, €36.88/MWh, there was an increase of 28%. Compared to the FrontMonth futures traded in October 2022, when the average price was €135.48/MWh, there was a decrease of 65%.

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