EPIC RESEARCH MCX NATURAL GAS UPDATE OF 07 MARCH 2018

Natural gas trading range for the day is 175.2-181. Natural gas gained to settled at 178.90 up by 1.65% boosted by forecasts for a bump in late-winter heating demand. Despite recent gains, 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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