EPIC RESEARCH MCX NATURAL GAS UPDATE OF 10 Oct 2016

Naturalgas trading range for the day is 197.5-222.1.Natural gas gained as forecasts showed unseasonably high temperatures that would prop up demand for the power-plant fuel, trimming a supply glut.Prices also seen supported as meteorologists predicted warmer-than-normal weather across most of the lower 48 states from Oct. 12 to Oct. 21.Traders are speculating that Hurricane Matthew will cause fewer power outages in the U.S. Southeast than expected, keeping gas demand elevated.


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