Tuesday 27 May 2014

CAPITAL STROKE COMMODITY UPDATE 27 MAY 2014: MCX NATURAL GAS

 Natural gas trading range for the day is 255.1-262.5.Natural gained as support seen from Rupee weakness while trade volumes were light with markets in U.S. remained shut for Memorial Day holiday.Last week the U.S. Energy Information Administration said that natural gas storage in the U.S. rose by 106 billion cubic feet.Early injection estimates for this week’s storage data range from 104 billion cubic feet to 109 billion cubic feet.

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