EPIC RESEARCH MCX NATURAL GAS UPDATE OF 25 MAY 2018

Posted by Commodity Updates by Epic Research on 12:50:00 with No comments

Naturalgas trading range for the day is 196.2-205.

Natural gas soared to settled near 200 level after revised National Weather Service forecasts showed above-average temperatures.

Support seen as jump in cooling load and linger demand for heating boosted overall consumption for natural gas by 4% in the week to May 16

Demand increases week over week as electric power sector consumption rises.

Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+