Wednesday, 11 January 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 11 JANUARY 2017

Naturalgas trading range for the day is 207.5-236.1. Natural Gas rallied more than 5.50% to settled at 224.60 on short-covering as trader ignored calls for warmer weather Weather models initially predicted mild temperatures throughout most parts of the U.S. during the period. EIA lastweek showed that natural gas stockpiles fell by 49bcf to 3,311bcf in the week ended January 5, 2017.

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