Tuesday, 30 May 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 30 MAY 2017

Naturalgas trading range for the day is 200.7-217.5.Natural Gas prices dropped as cooler than normal weather spread across US, reducing cooling demand.Prices traded with weakness with trading volumes likely to remain light as U.S. markets remained closed for Memorial Day.The latest U.S. weather model called for mild temperatures over the next two weeks, which should dampen natural gas demand during that time.

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