EPIC RESEARCH MCX NATURAL GAS UPDATE OF 11 JULY 2017

Posted by aditi on 12:00:00 with No comments
Naturalgas trading range for the day is 183.8-193.2. Naturalgas settled up 2.27% at 189.40 as prices rebounded on expectations that high temperatures would boost natural gas demand. The latest weather forecasts continue to suggest that an area of high pressure will be anchored over the US with very hot conditions. The hot conditions should have an important impact in boosting demand for natural gas and there is scope for a further net increase in prices.



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