EPIC RESEARCH MCX NATURAL GAS UPDATE OF 7 FEBRUARY 2017

Naturalgas trading range for the day is 200.1-210.9. Naturalgas dropped as bearish weather model revisions over the weekend fails to push prices lower. Mild weather forecasts this winter have resulted in reduced demand, pushing prices down from the peak that was established in late December. Players looked ahead to weekly storage data due on Thursday, which is expected to show a draw in a range between 157 and 167bcf.

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