EPIC RESEARCH MCX NATURAL GAS UPDATE OF 30 MAY 2016

Naturalgas trading range for the day is 139.5-151.3.       
Natural gas prices gains on short covering with hot weather raising expectations for demand.
The US Energy Information Administration reported that natural gas stockpiles grew by 71 billion cubic feet last week.              
Production has weakened and demand has strengthened enough to keep stockpiles from growing as fast as they usually do so far this spring.

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