Natural gas on MCX settled up by 2.62% at 184.10 in the line of expectation rose to a fresh two-week high as traders watched forecasts for hot weather and three tropical systems developing in the Atlantic Ocean. High temperatures in the next two weeks are expected to boost natural gas demand, while as per forecaster NatGasWeather.com said temperatures could near 100 degrees Fahrenheit in the central and eastern U.S. in the next eight to 15 days. 

A weather system exiting the northeastern US has left slightly cool temperatures in its wake with highs only in the upper 70s to lower 80s. Weather systems over Texas, the Southwest and the Northwest will also bring showers and slightly cool conditions.

 

Naturalgas trading range for the day is 175.5-188.9. 

 

Natural gas rallied above 184 level as forecasts for warmer than normal temperatures across the US in the days ahead. 

 

A weather system exiting the northeastern US has left slightly cool temperatures in its wake with highs only in the upper 70s to lower 80s. 

 

For More Information AgriCommodity Tips,Ncdex Tips,Free Agri Tips on Mobile, stock tips,mcx tips,nifty future tips,stock future tips,equity tips,Agricommodity Tips,Agri Commodity Market Tips,nse bse tips, and you can call us on :-9827808090.