EPIC RESEARCH MCX NATURAL GAS UPDATE OF 27 JULY 2016

Posted by Farhan Khan on 10:50:00 with No comments
Naturalgas trading range for the day is 177.3-186.5.        
Natural Gas drops to settle at 182.10 level on July expiry day and upside was capped as oversupply worries market.    
Expectations for demand grew strongly, but have disappointed some in the weeks since as the higher gas prices drove power plants.  
Data last week showed stockpiles at 3.3tcf as of July 15, 17% above levels from a year ago.


For more Accurate MCX TIPS ✆ – 0731-6642300

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+