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Monday 3 September 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 03 September 2018


Naturalgas trading range for the day is 204-209.4.

* Natural gas gains on forecasts for hotter weather in early September and posted their first monthly gain after two months amid concerns about low inventories.

* Despite a higher injection, inventories are about 19 percent below the five-year average for this time of year, and the lowest for the week since 2003.

* Production in the Lower 48 U.S. states averaged a record 82.6 billion cubic feet per day (bcfd) over the past 30 days.

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