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Tuesday 1 January 2019

EPIC RESEARCH MCX Naturalgas UPDATE OF 1 January 2019

Naturalgas trading range for the day is 199.2-237.

Natural gas prices ended with losses on expectations for warmer weather and higher production.

With warm weather so far this month, utilities have been able to leave more gas in storage than usual in December.

Gas output in the Lower 48 U.S. states averaged a near-record high of 87.2 bcfd on Monday, according to data.

Since early November, the combination of changing weather forecasts and low stockpiles has kept futures volatility at its highest in years.

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