Thursday, 3 August 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 03 AUGUST 2017

Naturalgas trading range for the day is 176.7-183.3. Naturalgas settled at 180.20 find support with underlying demand which is able to cushion prices from further selling pressure Prices remain under pressure as the forecast for the next month is expected to be colder than normal throughout nearly all of the mid-section.Traders closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on summer cooling demand.



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