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Tuesday, 5 September 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 05 SEPTEMBER 2017


Natural gas trading range for the day is 190.4-197.6.Natural gas dropped after jumping on Friday to fresh 2-week highs as buoyed seen after Hurricane Irma headed south toward the Gulf of Mexico.Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas-fired electricity to power air conditioning.Trade volumes were expected to remain light on Monday, with many investors in the U.S. away for the Labor Day holiday.




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