EPIC RESEARCH MCX NATURAL GAS UPDATE OF 31 MAY 2018

Naturalgas trading range for the day is 192.6-199.

Natural gas fell as weather forecasting models continued to predict that milder temperatures will cover the eastern part of the United States by the second week of June.

Natural gas prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on early summer cooling demand.

Meanwhile, market participants looked ahead to this week's storage data forecasting an increase in a range between 92 and 102 billion cubic feet.


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

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+