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Thursday 26 May 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 26 MAY 2016

Naturalgas trading range for the day is 142.9-149.1.       
Natural gas struggled near a one-month low as traders looked ahead to fresh weekly information on US gas inventories.              
The latest U.S. weather model called for mild temperatures over the next two weeks, which should reduce heating demand during that time.         
Natural gas prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on spring heating demand.  


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