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Tuesday, 13 March 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 13 MARCH 2018

Natural gas trading range for the day is 175.1-185.9. Natural gas rallied 1.85% to settled at 181.40 on fresh buying boosted by forecasts for a bump in late-winter heating demand. Market experts warned that futures are likely to remain vulnerable in the near-term as the coldest part of the winter has effectively passed. Spring usually sees the weakest demand for natural gas in the U.S, as the absence of extreme temperatures curbs demand for heating and air conditioning.

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