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Nymex nat gas declines to $4.52 on warm weather

On NYMEX April contracts closed yesterday at $4.52 declining by 0.24 percent.

EIA report tomorrow is expected to show inventories declining by 108 Bcf while the five year average for the week stands at -109 Bcf. Prices fell to a three month low on NYMEX as weather reduces the heating demand for the fuel.

On NYMEX April contracts closed yesterday at $4.52 declining by 0.24 percent.

EIA report tomorrow is expected to show inventories declining by 108 Bcf while the five year average for the week stands at -109 Bcf.

Prices fell to a three month low on NYMEX as weather reduces the heating demand for the fuel.

Courtesy: Karvy Commtrade Ltd.

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MCX SILVER MINI 999 31 August 2012 contract was trading at Rs 57069 , up Rs. 339 . What's your view on it?
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