CAPITAL STROKE COMMODITY UPDATE 1 JULY 2014 : MCX NATURAL GAS

Natural gas trading range for the day is 261.8-275.4.Natural gas gained on lower level buying and took back losses stemming from last week's bearish supply report.Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas-fired electricity to power air conditioning.Producers would need to add approximately 2.6tcf to storage by November 1 to meet typical winter demand.

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