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Reuters reported that Dow Chemical Co (NYSE:DOW) is planning a hedging program to lock in bottom prices for gas.
Reuters reported that Dow Chemical Co (NYSE:DOW) is planning a hedging program to lock in bottom prices for gas.
As quoted in the market news:
The move by Dow, the largest U.S. seller of chemicals, could signal growing concern in the nation’s industrial sector that low gas prices will not last. Natural gas prices have fallen 50 percent in the last six months as output from vast U.S. shale fields flooded the market.