21 January Natural Gas Updates for Commodity Market


Posted January 21, 2015 by amitsharma635862

At MCX, Natural Gas futures for January 2015 contract ended at Rs 175.90 per 1 kg, downward by 3.72 % after opening at Rs 183.7, against the last day of ending price of Rs 182.7. It touched the intra day low-lying of Rs 186.2 till the ending.

 
Natural Gas futures rout in the domestic market on Tuesday as investors and speculators exited positions in the energy commodity tracking a bearish trend in the overseas market as forecasts for diminishing US weather to restraint heating desired for the fuel in the world’s largest fuel user. Commodity Weather Group, LLC estimated above normal temperatures from the Great Plains through Florida over the next five days with seasonal or maximum readings through 29 January 2015.

At MCX, Natural Gas futures for January 2015 contract ended at Rs 175.90 per 1 kg, downward by 3.72 % after opening at Rs 183.7, against the last day of ending price of Rs 182.7. It touched the intra day low-lying of Rs 186.2 till the ending.

Coriander prices slided by 0.87 % on Tuesday at the National Commodity & Derivatives Exchange Limited as the sufficient stocks availability in the physical market put
pressure on coriander prices. At the NCDEX, coriander futures for January 2015 contract were
trading at Rs. 10,900/quintal, downward by 0.87 % after opening at Rs. 10,890 against the
last day of closing price of Rs. 10,806. It touched the intra day low-lying of Rs. 10,830 till the trading.
(At 11.45 AM).
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Last Updated January 21, 2015