EPIC RESEARCH MCX NATURAL GAS UPDATE OF 05 June 2018

Posted by Commodity Updates by Epic Research on 13:50:00 with No comments

Naturalgas trading range for the day is 195.2-202.

Natural gas slipped from the previous session's high on forecasts for lower demand next week than earlier projected.

The market rose last week on concerns record production may not be enough to rebuild stockpiles to normal levels before next winter.

Production in the Lower 48 states has averaged a record 79.3 billion cubic feet per day (bcfd) over the past 30 days.

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