EPIC RESEARCH MCX Naturalgas UPDATE OF 15 November 2018

Posted by Commodity Updates by Epic Research on 12:10:00 with No comments

Naturalgas trading range for the day is 271.2-389.8.

* Natural gas rose to their highest since February 2014 on forecasts for colder weather than previously expected over the next two weeks.

* Cold would boost heating demand and cause utilities to start withdrawing fuel from storage facilities that are already about 16 percent below normal for this time.

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