EPIC RESEARCH MCX NATURAL GAS UPDATE OF 24 MAY 2017

Posted by aditi on 11:48:00 with No comments
Naturalgas trading range for the day is 205.4-217.6.Natural gas dropped on longliquidation as traders monitored shifting weather forecasts to assess the outlook for demand and supply levels. Natural gas prices have closely tracked weather forecasts as traders try to gauge the impact of shifting outlooks on spring heating demand. Latest forecast calls for slightly higher than normal natural gas demand in the week ahead, appears to be already priced into the market.



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