EPIC RESEARCH MCX NATURAL GAS UPDATE OF 2 MAY 2018

Natural gas trading range for the day is 183-190.8. Natural gas prices bounced back, but gains were limited amid speculation that the coming of more spring-like weather will cut into demand for the fuel. Prices are likely to remain vulnerable in the near-term as below-normal temperatures in May mean less than they do in January and February. Meanwhile, market participants looked ahead to this week's storage data due on Thursday, which is expected to show the first build of the season.

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