EPIC RESEARCH MCX NATURALGAS UPDATE OF 11 July 2018
Posted by Commodity Updates by Epic Research on 13:17:00 with No comments
Naturalgas trading range for the day is 189.7-196.5.
Natural gas fell as production remained near a record high and on forecasts for less hot weather and demand next week than previously expected.
In recent months, the biggest factor affecting the gas market has been speculation on whether production, which is at record levels.
Cool weather is expected to move into the mid-west which might reduce cooling demand.
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