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Tuesday 4 December 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 4 December 2018

Naturalgas trading range for the day is 287.8-328.2.

* Natural gas prices slumped as warmer than normal weather is now expected to follow the colder weather during the next 8-14 days.

* Since the middle of November, the combination of changing weather forecasts and low stockpiles sent futures prices and volatility to their highest in years.

* Refinitiv projected gas demand in the Lower 48 states would reach 113.3 billion cubic feet per day (bcfd) next week, up from the 110.7 forecast

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