09:27 AM EDT, 04/09/2024 (MT Newswires) -- Natural gas prices rose to a month high early on Tuesday despite light demand amid spring temperatures.

Gas for May delivery was last seen up US$0.06 to US$1.90 per million British thermal units, the highest since March 6.

The rise comes even as forecasts see seasonal or better temperatures for most states over the next two weeks, offering little prospect of higher demand as inventories remain bloated, with the Energy Information Administration last week pegging inventories at 2.26-trillion cubic feet, 38.9% above the five-year average.

"Light to very light national demand is expected over the US much of the next 11-days as most of the US experiences very nice highs of 50s-80s," NatGasWeather noted.