Wednesday 26 March 2014

CAPITAL STROKE COMMODITY UPDATE 27 MARCH 2014 : MCX NATURAL GAS

22:56   , , , , , , ,   6 comments



Natural Gas futures ended lower in the domestic market on Wednesday as investors and speculators exited positions in the energy commodity tracking a

weak trend in the overseas market as outlook for warmer weather in the US dimmed the demand prospects for the heating fuel.

At the MCX, Natural gas futures for March 2014 contract closed at Rs. 265.10 per mmBtu, down by 1.21 per cent, after opening at Rs 265.10, against the previous closing price of Rs 265.60. It touched an intra-day low of Rs 261.80.

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