CAPITAL STROKE COMMODITY UPDATE 2 JULY 2014 : MCX NATURAL GAS

Natural gas trading range for the day is 263.1-273.1. Natural gas seen under pressure as market players assessed the outlook for U.S. demand and supply levels. Natural gas stockpiles have grown by more than 100 billion cubic feet for seven consecutive weeks, a record streak since 1994. Producers would need to add approximately 2.6 trillion cubic feet to storage by November 1 to meet typical winter demand.
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