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Thursday 8 March 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 08 MARCH 2018

Natural gas trading range for the day is 178.2-183.2. Natural gas extended gains boosted by forecasts for a bump in late-winter heating demand. Updated weather forecasting models showed colder weather lingering over the eastern U.S. through mid-March. Market experts warned that futures are likely to remain vulnerable in the near-term as the coldest part of the winter has effectively passed.

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