The US CPC further expects warmer weather condition for the next 6-10 days which is expected to pressure prices in the week ahead. Overall, we expect the bearish trend in MCX Natural Gas futures in the coming week, said Subramaniam.Natural gas futures slip 11.44% to Rs 191.90 per mmBtu during the week, outlook bearish
The US CPC further expects warmer weather condition for the next 6-10 days which is expected to pressure prices in the week ahead. Overall, we expect the bearish trend in MCX Natural Gas futures in the coming week, said Subramaniam.
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