Natural Gas was seen to be declining in the future markets with speculation rising about stockpile.
As per media reports, in the US, gas inventories have risen by 99 billion cubic feet in the previous week and this stockpile might have negative impact on the commodity.
Also, with this, the demand of the commodity has not seen any positive trend, further resulting in the downfall in the prices in the international market.
In the domestic market, at the MCX, the commodity hasn’t been giving any positive trend and remains to trade almost flat. The demand in the Asian market hasn’t seen any uptrend and this may have had negative impact on the metal.
