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Wednesday 21 February 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 FEBRUARY 2018


Naturalgas trading range for the day is 164.5-176.1. Natural gas prices rose as updated weather forecasting models showed a return to colder weather over the eastern U.S. during the first week of March. Natural gas prices are down almost 30% since late January, amid speculation the end of the winter heating season will bring warmer temperatures throughout the U.S. Market experts warned that futures are likely to remain vulnerable in the near-term as the coldest part of the winter has effectively passed.

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