EPIC RESEARCH MCX NATURAL GAS UPDATE OF 10 OCTOBER 2017

Naturalgas trading range for the day is 183.7-190.7. Natural gas prices dropped as traders reacted to the reality that higher demand for the commodity was coming to an end.Futures saw a drop of nearly 5% last week as weather forecasting models predicted mild temperatures that should limit demand for the heating fuel in the coming days. Bearish speculators are betting on the warm weather reducing early-winter demand for the heating fuel.












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