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Monday 29 January 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 JANUARY 2018


Naturalgas trading range for the day is 191.8-206.Natural gas rose on forecasts for a cold snap in the U.S. Midwest in early February that is expected to boost heating demand. Projected gas demand in the lower 48 U.S. states would increase to 116.9 billion cubic feet per day during the first week of February.U.S. natural gas speculators boosted their net long positions for a fifth week in a row, betting prices will rise as exports increase.




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