TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 1, 5:00 PM EST
Kalshi
This event tracks the natural gas futures price at a specific moment on July 1, 2026. Natural gas is a critical energy commodity used for heating, electricity generation, and industrial processes. Price movements reflect supply conditions, weather patterns, storage levels, and global energy demand. The settlement uses the NGDQ6 contract, which represents the nearest active delivery month.
Settlement is determined by comparing the 1-minute candlestick close price for natural gas using the NGDQ6 contract on July 01, 2026 at 5:00 PM EDT against multiple price thresholds ranging from $2.850 to $3.145 USD per MMBtu, each in $0.005 increments. Each threshold represents a separate market outcome. Settlement is based on the nearest listed contract month, rolling forward to the next contract 5 business days before the current contract's last trading day. The settlement contract is named after its delivery month per standard exchange symbology. The settlement value is rounded to the nearest 3 decimal places. The close price for a candlestick timestamped at a given time reflects the price at the end of the immediately preceding one-minute interval. If no data is published by the specified source agency for the specified time, the most recently available published data will be used to resolve the market.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives and continuous price discovery rather than periodic published reports. While energy analysts issue quarterly or annual outlooks based on models and historical trends, this market aggregates live trader conviction through dynamic odds. Analysts may forecast a range; the market distills that into a single probability. Comparing the two reveals whether traders are pricing in risks—geopolitical events, weather patterns, or production changes—that analysts have not yet fully incorporated. This gap can signal emerging consensus or highlight where expert opinion and market participants disagree.
This market resolves around Jul 1, 2026, at which point the outcome is confirmed against credible public reporting of natural gas prices. The resolution process verifies the actual price level on the specified date and time, ensuring all traders are held to the same factual standard. Once the event is verifiable from authoritative sources, the market settles and winnings are distributed to those who correctly predicted the outcome. Participants should monitor official energy data releases and market reports in the days leading up to resolution to assess final pricing.
Several catalysts can shift this market significantly before resolution. Production disruptions—hurricanes in the Gulf of Mexico, pipeline maintenance, or geopolitical tensions affecting supply—often trigger sharp price moves. Storage data releases showing lower-than-expected inventory can signal tightness and push prices higher. Demand signals, including weather forecasts that increase or decrease heating needs, also influence trader positioning. Macroeconomic news affecting industrial activity and liquefied natural gas export demand plays a role. Additionally, Federal Reserve policy announcements, crude oil price movements, and renewable energy generation trends can reshape expectations around natural gas demand and pricing dynamics heading into the settlement date.