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Wednesday, 10 May 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 10 MAY 2017


Natural gas trading range for the day is 203.1-213.5.Natural gas gained as traders monitored shifting weather forecasts to assess the outlook for spring demand and supply levels.Cool conditions are expected to linger, although warming slightly mid-week before another weather systems with reinforcing cooling.Natural gas demand will remain stronger than normal, mainly driven primarily by the cooler than normal northeastern U.S.




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