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Thursday 29 September 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 SEPTEMBER 2016

Natural gas trading range for the day is 192.6-205.8. Naturalgas prices fell on expectations that demand for the fuel would decline as temperatures cool. Pressure seen as the weather cools down in the coming weeks, consumption is expected to fall. Tonight's weekly supply data is expected to show a build of approximately 56bcf in the week ended September 23.
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