Tuesday, 10 January 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 10 JANUARY 2017

Naturalgas trading range for the day is 204.3-228.3. Natural gas prices continuous to sank hitting 1 month low due to warmer-than-normal weather for this time of the year. MDA Weather Services reported warmer-than-average weather forecasts for the next two weeks spreading across more than half the US. Last week EIA reported that inventories fell by 49 Bcf to 3,311 Bcf from December 23–30, 2016.

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