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Tuesday 29 January 2019

EPIC RESEARCH MCX Naturalgas UPDATE OF 29 January 2019

Naturalgas trading range for the day is 201.6-212.4.

Natural gas plunged on forecasts for warmer-than-normal weather next week despite predictions for arctic cold and record demand later this week.

Meteorologists expect the eastern half of the United States will freeze on WednesdayFriday.

Production, meanwhile, rose over the weekend as Enbridge Inc restored flows through some of the pipes in the area around an explosion in Ohio last week.

Despite forecasts for record gas demand in the U.S. Lower 48 states when brutally cold weather is expected to blanket much of the Midwest and East

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