E-mail: admin@gz-chemical.com
Email us,best price and silane solutions for you!
Tel:+86 (20) 29035969
NYMEX April natural gas futures traded on either side of unchanged in the US overnight,
managing to drift fractionally higher ahead of Tuesday's open.
At 7:10 am ET (1110 GMT) the contract was 0.5 cent higher at $2.656/MMBtu, trading in
a range of $2.650-$2.667/MMBtu.
While participants are eyeing weather outlooks and anticipated warmth as spring officially
begins at 12:15 pm ET on Tuesday, cold weather in the mid-range period continues to driv
e modest upside support amid lingering demand that should keep natural gas inventories
eroding.
As spring takes hold, the National Oceanic and Atmospheric Administration is projecting war
mer-than-normal weather for much of the country from April through June.
Providing upside support, however, the market will have to contend with the implications of the
current and mid-range cold as storage withdrawals are expected to continue.
Guangzhou Double Peach Fine Chemical Co.,Ltd
Address: No 3401 Huangpu East Road, Huangpu District, Guangzhou, China
Tel:+86 (20) 29035969 Fax:+86(20)29035979
Tel/Wechat/Whatsapp:0086 13826126978 admin@gz-chemical.com