Increased demand and shortage of stocks in the world are the reasons for the rise in prices in Europe. This situation is creating a windfall for speculators: the price is now approaching $ 2,000 per 1,000 cubic meters. This figure is more than ten times higher than the average price recorded last year.
According to some analysts, this acceleration in prices is explained, in particular, by a movement of panic and fear on the part of investors as winter approaches in the northern hemisphere. They also point to strong Asian demand, especially from China, and the rapid recovery in the world economy after the health crisis.
