Expect MCX Natural Gas Prices to Trade Negative
AS PER MCX CRUDE OPERATOR MUMBAI RESEARCH REPORT FOR MCX NATURAL GAS
The latest U.S. weather model required gentle temperatures over subsequent time period, that ought to dampen gas demand throughout that point. gas costs have closely half-track weather forecasts in recent weeks, as traders try and gauge the impact of shifting outlooks on spring heating demand.
Outlook
We expect gas costs to trade negative on the rear of unfavorable climatic conditions.
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