December natural gas enters a new week following a soft finish Friday and a gap lower open Sunday evening. Weather maps continue to show near to above normal temperatures for the eastern half of the US, and that is expected to keep pressure on demand prospects for natural gas. The Commitments of Traders Futures and Options report as of November 1st showed non-commercial traders were net short 161,856 contracts, a decrease of 475. The Commercial traders were net long 142,113 contracts, an increase of 767. Non-commercial and nonreportable traders combined held a net short position of 142,112, an increase of 766.
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