EPIC RESEARCH MCX NATURAL GAS UPDATE OF 9 JUNE 2016

Naturalgas trading range for the day is 161.3-168.7.        
Naturalgas dropped in thin trading range as bloated stockpiles and cautious traders have caused prices to pull back from a recent rally.      
Prices snapped a two-session winning streak pulling back the market from a seven-month high and a rally that had led to 51% gains since early March.    
Global prices will remain under pressure as demand remains tepid leaving suppliers to scramble for new markets, according to the IEA

For more Accurate MCX TIPS ✆ – 0731-6642300

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+