Thursday, 15 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 15 JUNE 2017

Naturalgas trading range for the day is 185.2-193.8.Natural Gas dropped below 190 level as forecasts for below-normal temperatures across most parts of the U.S. over the next two weeks weighed. Updated weather forecasting models showed that cooling will fan out across the northern and east central U.S. this weekend into early next week.Prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on spring heating demand.

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