Monday Opening Bell: Today's Meeting Could Seal a Price Cap on European Gas Futures

Every Monday, discover a macroeconomic update impacting the indoor farming sector.

Photo by Petr Magera on Unsplash

Good morning readers, a compromise has been developed by the Czech Republic, which now holds the rotating EU chair. If prices on the front-month contract for the Dutch gas hub go over 188 euros for three days, the idea would impose a ceiling. That is far less than the 275 euro/MWh trigger that the European Commission had …