Thursday 22 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 22 JUNE 2017

Naturalgas trading range for the day is 183.4-192. Naturalgas prices tried to recover from the day's low as weather forecasting models turned warmer, which should boost demand in the weeks ahead.Natural gas prices have closely tracked weather forecasts as traders try to gauge the impact of shifting outlooks on summer heating demand.Weather conditions remained very hot across much of the South and Southwest which continued to fuel demand for natural gas.


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