Wednesday, 13 April 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 13 APRIL 2016

11:11:00

Naturalgas trading range for the day is 126.8-134.4.
Naturalgas rallied 2.98% on short-covering on expectations of a drop in US production.
Prices look firm as forecasts for a late season cold snap in the eastern U.S. boosted demand prospects.
A strong Spring storm and associated cool blast will track across the eastern US with showers and powerful thunderstorms.
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