Archive · 11 Jun 2025
Natural Gas Futures Down 7% This Week, Hovering at ₹303
Imagine natural gas prices like a bouncy ball.
This week, the price fell by 7%, and now it's around ₹303.
For about a month, it's been bouncing between ₹296 and ₹330.
If the price goes below ₹296, it might keep falling, maybe down to ₹270 or even ₹250.
But, if it bounces up and goes above ₹330, it could go up to ₹350 or even ₹385.
Right now, the price is mostly going sideways, but it might be starting to go down.
The advice is to wait before making any moves.
Natural gas futures have dropped by approximately 7% this week.
The current price of natural gas futures is around ₹303 per mmBtu.
The market has been fluctuating between ₹296 and ₹330 for about a month.
₹330 acts as a significant resistance level, coinciding with a falling trendline.
A break below ₹296 could signal a bearish trend, while a rise above ₹330 could indicate bullish movement.
- Who
- The article is focused on the analysis of natural gas futures prices.
- What
- Natural gas futures have declined this week and are trading around ₹303 per mmBtu.
- When
- The analysis is based on data up to June 11, 2025.
- Where
- N/A
- Why
- The article analyzes the price movement of natural gas futures and potential future price trends.
Bearish Outlook
Bullish Outlook
Price Movement
Bearish Outlook
If the price goes below ₹296, the price could fall to ₹270 and ₹250.
Bullish Outlook
If the price surpasses ₹330, the contract might reach ₹350 and potentially ₹385.
- Current Price
- ₹303 per mmBtu
- Weekly Decline
- 7%
- Recent Trading Range
- ₹296 - ₹330
- Key Resistance Level
- ₹330
- Key Support Level
- ₹296
- Potential Support Levels (Bearish)
- ₹270 and ₹250
- Potential Resistance Levels (Bullish)
- ₹350 and ₹385