TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 2, 5:00 PM EST
Kalshi
This event tracks the natural gas futures price at a specific moment on July 2, 2026. Natural gas is a critical energy commodity used for heating, electricity generation, and industrial processes. Prices reflect supply dynamics, seasonal demand, storage levels, and geopolitical factors. The settlement uses the NGDQ6 contract's closing price at 5:00 PM EDT.
Settlement is determined by comparing the 1-minute candlestick close price for natural gas using the NGDQ6 contract on July 02, 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. The 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 close price represents the final price at the end of the immediately preceding one-minute interval. All settlement values are rounded to the nearest 3 decimal places. If no data is published by the specified source agency for the exact time, the most recently available published data will be used for resolution.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives rather than institutional consensus alone. Traders on this market are financially motivated to incorporate the latest data, geopolitical developments, and supply-demand shifts into their positions. While energy analysts publish periodic price targets based on models and historical trends, prediction markets aggregate dispersed information from many participants in real time. Comparing the two can reveal whether the market is pricing in risks or opportunities that mainstream forecasts may have overlooked or underweighted.
This market resolves around Jul 2, 2026, at which point the outcome is confirmed once the event is verifiable from credible public reporting. The specific natural gas price at the designated time and location will be compared against the contract terms to determine which outcome occurred. Traders who correctly predicted the price movement will receive their winnings, while those on the wrong side of the trade will realize losses. Resolution is final once the data is published and verified, closing out all open positions in this market.
Natural gas prices are sensitive to weather forecasts, production disruptions, storage levels, and global energy demand shifts. Unexpected cold snaps or heat waves can spike demand, while maintenance shutdowns at major facilities or pipeline incidents can constrain supply. Geopolitical tensions affecting liquefied natural gas exports, changes in renewable energy adoption, and shifts in industrial activity all influence trader positioning. Additionally, Federal Reserve policy decisions and broader macroeconomic data can affect energy prices through currency and demand channels. Traders monitor these catalysts closely and adjust their positions as new information emerges.