Wednesday, 16 April 2014

CAPITAL STROKE COMMODITY UPDATE 16 APRIL 2014 : MCX NATURAL GAS



Natural gas trading range for the day is 268.9-283.7.
Natural gas gained after a shot of cold air moving from the central to the eastern U.S. sparked fueled expectation for demand to spike.
A plume of cold air moving across the central and eastern U.S. sent natural gas prices rising, though profit-taking limited the gains.
Severely cold weather over this past winter saw natural gas stockpiles fall to 11-year lows, sparking concerns that producers may not be able to refill inventories.

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