EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 FEBRUARY 2017

Naturalgas trading range for the day is 180.7-192.3. Natural gas dropped by more than 3% hitting the lowest level since November as forecasts continued for mostly warmer-than-normal weather. Trading activity was light as markets in the U.S. remain closed for President’s Day on Monday. Prices of the heating fuel sank more than 7% last week, as forecasts for warm winter weather weighed on heating demand expectations.



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