EPIC RESEARCH MCX Naturalgas UPDATE OF 14 January 2019

Posted by Commodity Updates by Epic Research on 11:20:00 with No comments


Naturalgas trading range for the day is 210.8-220.8.

* Natural gas gained on forecasts for much colder weather and more heating demand than previously expected for the rest of January.

* Meteorologists said the weather would remain seasonally cold through Jan. 18 before turning extremely frigid during the following week.

* Gas output in the Lower 48 has averaged near a record high of 86.7 bcfd over the past 30 days.


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