EPIC RESEARCH MCX Naturalgas UPDATE OF 04 September 2018

Naturalgas trading range for the day is 199.5-208.7.

* Natural gas dropped on profit booking after prices gained on forecasts for hotter weather and amid concerns about low inventories.

* Weekly data from the U.S. Energy Information Administration (EIA) showed a higher than normal injection of gas into storage in the week.

* Production in the Lower 48 U.S. states averaged a record 82.6 billion cubic feet per day (bcfd) over the past 30 days.


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