EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 DECEMBER 2017

Naturalgas trading range for the day is 171.8-197.4. Naturalgas rallied 6.99% on short covering and prices staged the biggest rally in two months as a frigid forecast signaled demand. The US EIA said in its weekly report that natural gas storage in the US fell by 112bcfin the week ended December 22 .A polar blast has heated up natural gas futures, which are up more than 13 percent in the past week on strengthening demand.

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