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Commodity Mid Session News

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(17 Mar 2026, 11:49)

Natural Gas tries to stabilize around one-week low, MCX futures hold above Rs 280 mark

The Natural gas futures are trying to stabilize after a hefty correction on Monday as market eyed possibility of thin demand in the US owing to the weather patterns. The general unease due to the US-Iran war weighed on the sentiments though. US Natural Gas futures tanked around 3.50% on the day in last session and currently trade at $3.03 per mmbtu, up marginally on the day. The counter is near one-week low and $3 per mmbtu mark is likely to act as a key level for the commodity now. MCX Natural Gas futures are trading at 282 per mmbtu, up 1% on the day, holding on the gains above Rs 280 mark. The counter lost 4.42% in last session with a sharp 30% slide in open interest.
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