Monday, February 17, 2014

Epic Research Singapore : Comex Market Update

Natural-gas futures saw their first weekly advance in three weeks, but prices fell Friday as traders reconsidered the hefty 8% advance of a day earlier and digested U.S. data showing a drop in monthly industrial production.
March natural gas NGH14 +3.08%  lost about a penny, or 0.2%, to settle at $5.214 per million British thermal units on the New York Mercantile Exchange, after touching a low of $5.141. It had rallied 40 cents, or 8.3%, during Thursday’s regular session and the contract settled with a weekly gain of about 9.2%, according to FactSet data, tracking the most-active contracts.
 
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