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Monday 18 March 2019

EPIC RESEARCH MCX Naturalgas UPDATE OF 18 March 2019


Naturalgas trading range for the day is 190.6-199.6.

* Natural gas eased on forecasts for moderating weather and declining heating demand over the next two weeks.

* The market has become much less volatile over the past couple of months as the weather moderates with the approach of spring.

* U.S. states will slip to an average 99.9 billion cubic feet per day (bcfd) next week and 92.1 bcfd in two weeks from 100.6 bcfd.


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