Sunday 6 April 2014

CAPITAL STROKE UPDATE 7 APRIL 2014 : MCX NATURAL GAS



Naturalgas trading range for the day is 262.9-272.3.
Naturalgas dropped as weather forecasting models called for spring like weather to return in many densely-populated US areas by the end of next week.
Investors continued to track weather forecasts, as moderate springtime temperatures typical of this time of year suppress demand.
Total U.S. natural gas storage stood at 822 billion cubic feet, the lowest for this time of year since 2003.

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