EPIC RESEARCH MCX NATURAL GAS UPDATE OF 15 FEBRUARY 2017

Naturalgas trading range for the day is 191.8-199.4. Natural gas on MCX continuous to trade with weakness amid forecasts for warmer weather in key regions across the U.S. during the next few weeks. Outlook remain weak of Natural Gas prices as prices closed at 194.60 that is below 200-day moving average which can attract fresh selling Forecasting models showed cold air exiting the Northeast, with the updated 6-10 day forecast looking warmer than a day ago.

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