CAPITAL STROKE COMMODITY UPDATE 30 MAY 2014 : MCX NATURAL GAS

Natural gas trading range for the day is 263.9-279.7.Natural gas dropped from the day's high after official data revealed U.S. stockpiles rose more than markets were expecting last week.EIA said in its weekly report that natural gas storage in the U.S. in the week ended May 23 rose by 114bcf vs 110bcf.Market players prepped for the arrival of summertime temperatures in the U.S., which should hike demand for air conditioning.



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