MCX Natural Gas Alert – Above 215 Buy on Dips Target 227—232 – Neal Bhai Reports
Total Supply/Demand Balance
We estimate that aggregate demand for American natural gas (consumption + exports) totaled around 535 bcf for the week ending September 21 (up 7.0% w-o-w and up as much as 13.0% y-o-y). The deviation from the norm stayed positive and actually surged from +22% to +32% (see the chart below).
