EPIC RESEARCH MCX NATURAL GAS UPDATE OF 28 DECEMBER 2016

Naturalgas trading range for the day is 249.2-261. Naturalgas settled up by 1.47%, surging in light trading session as forecasts turned colder. Weather models are suggesting a high-pressure ridge will develop over Alaska and send Arctic cold down through the rest of North America in January. The recent outlook for colder weather is the latest abrupt change in weather forecasts to whipsaw natural gas prices in recent months.

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