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Tuesday, 20 February 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 20 FEBRUARY 2018

Naturalgas trading range for the day is 162.2-171.2. Naturalgas on MCX remain unchanged at 165.50 as prices continue to consolidate inside a tight five-day range. A weather system tracked over the week-end with rain and snow showers, with lows dropping into the 20s to – 0s for a swing back to stronger demand. NWS the most recent 8-14 day weather outlook calls for a likelihood of warmer-than-average temperatures in the Northeast, Southeast, and Midwest.
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