Wednesday, 3 September 2014

CAPITAL STROKE UPDATE 3 September 2014 : MCX NATURAL GAS




Naturalgas trading range for the day is 231.9-250.3.
Natural gas prices dropped amid expectations that forecasts for cooler weather would dampen demand.

Updated weather forecasting models indicated that hotter weather over the next number of days would give way to more moderate temperatures from September 6.

Natural gas prices jumped last week, rising above the $4 level for the first time since mid-July on the coattails of above-average U.S. temperatures.


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