Tuesday 4 July 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 04 JULY 2017

Naturalgas trading range for the day is 187.6-201.2. Natural gas dropped from the earlier gain's as the weather over the week-end came in cooler than expected and new models were predicting mild temperatures. The selling is taking place despite the news that U.S. natural gas speculators in the week to June 27, boosted their net long positions for the first time in six weeks. But comfortable conditions linger across the Great Lakes and Northeast to open the week with highs of upper 60s and 70s.

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