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Wednesday, 21 March 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 MARCH 2018

Natural gas trading range for the day is 171.8-177.8. Natural gas recovered on short covering after prices dropped amid speculation the end of winter heating season will bring warmer temperatures throughout the U.S. Prices are likely to remain vulnerable in the near-term as the coldest part of the winter has effectively passed. Market participants looked ahead to this week's storage data, which is expected to show a draw in a range between 86 and 96 bcf.

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