Tuesday 22 April 2014

CAPITAL STROKE COMMODITY UPDATE 23 APRIL 2014 : MCX NATURAL GAS



Natural gas trading range for the day is 282.3-291.7.
Natural gas gained on Rupee weakness and support seen after updated weather-forecasting called for below-normal temperatures.
Cool temperatures run through the end of April, which should hike demand for heating.

Raised ongoing concerns over whether natural gas producers will be able to refill inventories before the next heating season.

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