EPIC RESEARCH MCX NATURAL GAS UPDATE OF 28 JULY 2016

Naturalgas trading range for the day is 176.3-186.1.        
Natural gas dropped but holds 180 level mark on mixed signals from forecasts for hot weather and a stock surplus.      
Weather reports show above-average temperatures extending across the country into August, a positive sign for demand.            
Tonight weekly inventory data due from the EIA & data likely to show storage levels grew by 27bcf.

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