Tuesday 15 April 2014

CAPITAL STROKE COMMODITY UPDATE 15 APRIL 2014 : MCX NATURAL GAS



Natural gas trading range for the day is 271.4-282.
Natural gas dropped as forecasts for seasonably mild U.S. temperatures typical of this time of year weighed on prices.
Forecasts for above-normal temperatures for pockets of the country cushioned losses though slightly.

Severely cold weather over this past winter saw natural gas stockpiles fall to 11-year lows, sparking the prices.

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