EPIC RESEARCH MCX NATURAL GAS UPDATE OF 03 MAY 2017

Natural gas trading range for the day is 200.3-212.5.Natural gas dropped as cool weather hit a few key demand areas, raising long-term concerns that summer temperatures may be cooler than expected.Earlier support seen as investors were thinking that production had fallen far enough that the market is now under supplied on a daily basis.The strength of US demand following the ISM manufacturing data which could curb demand for gas in the industrial complex.

For MCX TIPS ✆ – 0731-6642300




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