EPIC RESEARCH MCX NATURAL GAS UPDATE OF 09 JANUARY 2018

Natural Gas trading range for the day is 174.5-185.1.Natural gas rose on forecasts for cooler weather and more heating demand next week than previously expected.Forecasted gas demands in the lower 48 U.S. states is 122.0 billion cubic feet per day from 116.5 bcfd as the weather outlook for the period turned cooler.Last week, U.S. gas demand hit a record high of 141.9 bcfd on New Year's Day, the data showed.

For MCX TIPS ✆ – 0731-6642300




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