EPIC RESEARCH MCX NATURAL GAS UPDATE OF 09 MARCH 2017

Naturalgas trading range for the day is 186.8-202.4. Natural gas rallied nearly 4% ahead to weekly storage data to gauge supply and demand levels. Weather forecasts for the next 8-to-15 days showed that rain, snow, and cool temperatures will track across US. NOAA this year’s extremely warm winter has pushed heating demand for natural gas to nearly 20% below average.

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