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Thursday 21 June 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 JUNE 2018

Natural gas trading range for the day is 197-204.6. Natural gas jumped on expectations record production will not be enough to decrease a vast storage deficit. Traders expect power generators to keep burning more gas than usual so long as the weather remains hotter than normal. Meteorologists forecast temperatures would remain higher than normal through at least the first week of July.

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