Sept 22 (Reuters) - Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, fertiliser producers and consumer goods companies, Fitch Ratings said on Wednesday.
Smaller companies in these industries are under the most pressure, while larger and more diversified issuers are better positioned to mitigate the impact, the agency noted https://bit.ly/3EJvWBa.
Gas prices could remain high until the end of the winter heating season, given low levels of natural gas in European storage facilities, Fitch said, adding it expect prices to moderate once seasonal demand reduces.
(Reporting by Kanishka Singh in Bengaluru, Editing by Louise Heavens)
