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Thursday 20 December 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 20 December 2018



Naturalgas trading range for the day is 237.7-282.3.

* Natural gas dropped on an increase in daily output and forecasts for milder weather through late next week.

* Meteorologists forecast the weather would remain warmer than usual through Dec. 28 before turning seasonally cold for a few days around New Year's.

* Working gas stocks’ deficit to the five-year average decreased, and the deficit to the bottom of the five-year range increased.



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