Sunday 13 July 2014

CAPITAL STROKE UPDATE 14-July-2014 : MCX NATURAL GAS




Naturalgas trading range for the day is 246.3-252.5.
Naturalgas settled up after bargain hunters snapped up nicely-priced positions and reversed losses stemming from Thursday's supply report.
Prices seen under pressure on the numbers as well as weather forecasts calling for below-normal temperatures.
A frigid winter had depleted natural-gas inventories, raising questions about whether producers could replace those stockpiles.

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