Wednesday 1 October 2014

CAPITAL STROKE UPDATE 1 October 2014 : MCX NATURAL GAS



Naturalgas trading range for the day is 252.8-261.8.

Natural gas prices ended with gains as market players wagered that cold weather across the U.S. will boost gas demand for heating.

Weather-forecasting models called for cooler temperatures in the Midwest and eastern U.S. later this week and extending into the middle of October

Injections of gas into storage have surpassed the five-year average for 23 consecutive weeks, alleviating concerns over tightening supplies.


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