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Thursday 14 June 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 14 JUNE 2018

Natural gas trading range for the day is 195.8-203.6. Natural gas gained concerns storage builds will not be high enough to return stockpiles to near normal levels before next winter despite record-high production. Prices increased despite forecasts for weaker demand next week than previously expected. Meteorologists have predicted temperatures would remain at above normal levels through at least the end of June.

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