Natural Gas Forecast Dec. 06, 2011, Fundamental Analysis

Natural gas prices dropped on Monday for a second day, as weather forecasts suggested that temperatures will be at or above their average in the Midwest and Northeast of the United States, which led to speculations of falling demand for natural gas as a heating fuel, putting prices under negative pressure as a result.

Traders will continue to focus on weather developments, where weather forecasts suggest temperatures will be higher than average over the coming period, and that could put natural gas prices under pressure over the coming days.

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