EPIC RESEARCH MCX NATURAL GAS UPDATE OF 16 JUNE 2016

Posted by Unknown on 11:52:00 with No comments
Naturalgas trading range for the day is 172.4-178.4.        
Naturalgas traded in the range as traders are waiting for weekly inventory that is expected to show a heavy stockpiles which may continue to limit rallies.      
Stockpiles typically build this time of year when production is strong and there is no demand for gas-fired heat.          
Updates from MDA Weather Services keep showing unseasonably warm temperatures stretching deeper into June.


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