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Natural Gas Rose On Forecasts For Higher Demand Over The Next Two Weeks.

Natural gas prices saw a notable uptick of 1.45%, settling at 146.5, driven by forecasts of higher demand over the next two weeks. This increase in demand comes amidst a backdrop of reduced output, with several energy firms scaling back drilling activities and delaying well completions, leading to a 3% decrease in output over the past month. In addition to supply-side dynamics, the spot market witnessed mild weather conditions and ample renewable power supplies in the US West, contributing to record-low electric prices in California and Arizona. Despite these favourable conditions, US utilities withdrew 36 billion cubic feet (bcf) of gas from storage during the week ended March 22, surpassing market expectations and highlighting sustained demand.

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Natural Gas Rose On Forecasts For Higher Demand Over The Next Two Weeks.

Natural gas prices saw a notable uptick of 1.45%, settling at 146.5, driven by forecasts of higher demand over the next two weeks. This increase in demand comes amidst a backdrop of reduced output, with several energy firms scaling back drilling activities and delaying well completions, leading to a 3% decrease in output over the past month. In addition to supply-side dynamics, the spot market witnessed mild weather conditions and ample renewable power supplies in the US West, contributing to record-low electric prices in California and Arizona. Despite these favourable conditions, US utilities withdrew 36 billion cubic feet (bcf) of gas from storage during the week ended March 22, surpassing market expectations and highlighting sustained demand.

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Natural Gas Rose On Forecasts For Higher Demand Over The Next Two Weeks.

Natural gas prices saw a notable uptick of 1.45%, settling at 146.5, driven by forecasts of higher demand over the next two weeks. This increase in demand comes amidst a backdrop of reduced output, with several energy firms scaling back drilling activities and delaying well completions, leading to a 3% decrease in output over the past month. In addition to supply-side dynamics, the spot market witnessed mild weather conditions and ample renewable power supplies in the US West, contributing to record-low electric prices in California and Arizona. Despite these favourable conditions, US utilities withdrew 36 billion cubic feet (bcf) of gas from storage during the week ended March 22, surpassing market expectations and highlighting sustained demand.

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Copper Gains As China’s Top Copper Smelters Proposal Of A 5-10% Production Cut.

Copper prices experienced a modest uptick of 0.21% yesterday, settling at 760.65, largely driven by China’s top copper smelters proposing a 5-10% production cut in response to tight raw material supplies. This move underscores concerns over the availability of copper, a crucial component in various industries. Despite ongoing challenges in Chinese manufacturing, including a projected sixth consecutive month of contraction in March, signs of a slower pace of decline indicate potential resilience in the face of economic headwinds.

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DATA’S NAMECURRENCYTIME
Manufacturing PMICAD7:00pm
Final Manufacturing PMIUSD7:15pm
ISM Manufacturing PMIUSD7:30pm
ISM Manufacturing PricesUSD
Construction Spending m/mUSD
BOC Business Outlook SurveyCAD8:00pm

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🔰 Do You Want to Earn Money In Online Trading?
🔰 If You Are Interested
🔰 Please Message Me
🔰 More Information – 📞 https://wa.me/919258382847
🔰 This Link For More Knowledge- https://www.firsttradingchoice.in/

First Trading Choice‘s Superior Support.
*24/7 AVAILABILITY
*24/7 SUPPORT
*REAL ATTENTION
*LONG TERM RELATION
*ACCURACY
*TIMELY CALLS

DATA’S NAMECURRENCYTIME
Manufacturing PMICAD7:00pm
Final Manufacturing PMIUSD7:15pm
ISM Manufacturing PMIUSD7:30pm
ISM Manufacturing PricesUSD
Construction Spending m/mUSD
BOC Business Outlook SurveyCAD8:00pm

Copper Futures News Headline Presenting By https://www.youreasytrade.inHave Questions Call Us At- 7302366166

Copper Gains As China’s Top Copper Smelters Proposal Of A 5-10% Production Cut.

Copper prices experienced a modest uptick of 0.21% yesterday, settling at 760.65, largely driven by China’s top copper smelters proposing a 5-10% production cut in response to tight raw material supplies. This move underscores concerns over the availability of copper, a crucial component in various industries. Despite ongoing challenges in Chinese manufacturing, including a projected sixth consecutive month of contraction in March, signs of a slower pace of decline indicate potential resilience in the face of economic headwinds.

Visited Here :-
Chat on WhatsApp- https://wa.me/917302366166
Email – info@youreasytrade.com Company Website- https://www.youreasytrade.in

Copper Futures News Headline Presenting By https://www.youreasytrade.inHave Questions Call Us At- 7302366166

Copper Gains As China’s Top Copper Smelters Proposal Of A 5-10% Production Cut.

Copper prices experienced a modest uptick of 0.21% yesterday, settling at 760.65, largely driven by China’s top copper smelters proposing a 5-10% production cut in response to tight raw material supplies. This move underscores concerns over the availability of copper, a crucial component in various industries. Despite ongoing challenges in Chinese manufacturing, including a projected sixth consecutive month of contraction in March, signs of a slower pace of decline indicate potential resilience in the face of economic headwinds.

Visited Here :-
Chat on WhatsApp- https://wa.me/917302366166
Email – info@youreasytrade.com Company Website- https://www.youreasytrade.in