MCX Natural Gas Live Price Today
Here is the latest mcx natural gas live price analysis and charts.
MCX Natural Gas Live Price as on 15/01/24
Last Price | Open | High | Low | P.Close | Volume |
|---|---|---|---|---|---|
255.60 | 269.50 | 269.50 | 255.50 | 270.50 | 68033.00 |
On the MCX, natural gas futures price change is about -4.81% to previous change 270.50. The total volume of shares traded is 68033.00.
Over the last one week mcx natural gas price change is about Paid Members%. Over the last 30 days, the price change is about Paid Members%.
MCX Natural Gas Live Price Chart
MCX Natural Gas Trading System 1 :
How to Trade the Natural gas Intraday Signals Chart
BUY Trade Entry | Green up arrow & candle stick must trade above the yellow trend line. |
BUY Trade Exit | Trail Stop-loss as per green dotted lines or stop loss price given in text box or when a candle stick crosses below the yellow trend Line |
SELL Trade Entry | Red Down arrow & candle stick must trade below the yellow trend line. |
SELL Trade Exit | Trail Stop-loss as per red dotted lines or stop loss price given in text box or when a candle stick crosses above the yellow trend Line |
We also expect the commodity natural gas futures to react on the above support and resistance levels for today.
*The below MCX Natural Gas Live Price Charts are updated every 10 mins with auto refresh.
MCX Natural Gas Trading System 2 :
How to Trade the Natural Gas Multiple Super Trend Chart
BUY Trade Entry | When both super trend indicators are in uptrend. In other words two green stop loss lines below the candlestick. |
BUY Trade Exit | When either of the super trend goes in downtrend. |
SELL Trade Entry | When both super trend indicators are in downtrend. In other words two red stop loss lines above the candlestick |
SELL Trade Exit | When either of the super trend goes in uptrend. |
We have further improved the famous super trend strategy by using two different super trend indicators for generating trade call signals. The strategy increase profits by almost 70% by using two super trend indicators and also helps in exiting fast from the market when the trend is not intact.
MCX Natural Gas Price Technical Analysis
Quant's Today Trend score for MCX Natural Gas is Paid Members
* A trend score of greater than 5 signals that the commodity is bullish for the day while trend score of less than 2 signals bearish trend*
Indicator | Value | Signal |
|---|---|---|
RSI | RSI is Paid Members | Paid Members |
MACD | MACD : Paid Members Signal Line : Paid Members | Paid Members |
Stochastic | %D is Paid Members %K is Paid Members | Paid Members |
MFI | Paid Members | Paid Members |
Aroon | Paid Members | Paid Members |
Bollinger Band | BBTop is Paid Members BBBot is Paid Members | Paid Members |
Simple Moving Average Short Term | SMA(15) is Paid Members | Paid Members |
Simple Moving Average Mid Term | SMA(45) Paid Members | Paid Members |
Simple Moving Average Long Term | SMA(100) Paid Members | Paid Members |
MCX Natural Gas Interactive Real Time 5 Mins Intraday Chart
MCX Natural Gas Overview
Natural Gas is a fossil fuel that is found deep inside the earth’s crust. It is formed when dead plants and animals are buried under the earth and are exposed to intense heat and pressure.
It is used as alternative fuel and found its application in fertilizer and plastic industry besides from being used as a cooking and heating.
Characteristics of Natural Gas
- Naturally Occurring
- Non-Renewable
- Hydrocarbon Gas mixture with Methane as its primary constituent
- Colorless
- Odorless
- Tasteless
As Natural Gas is odorless in its original form, it becomes difficult to detect its leakage, and it can get hazardous and dangerous to the environment. A substance called Mercaptan is added to it to help in detecting its leakage.
The three main locations where Natural gas is found are:
- Between layers of rocks
- In small pores of Sedimentary Rocks
- In coal beds
Rocks that yield Natural Gas are found both in the land as well as in oceans.
Natural gas is also produced while exploring oil from wells.
Natural Gas obtained from well is known as Wet Natural Gas as it contains liquid hydrocarbon and non-hydrocarbon gases.
The Natural Gas has to be processed to make it dry and fit for use. During this process, Methane and other useful gases are separated from the Natural gas to make it dry and usable.
The final product is transported through pipelines to distributors and eventually to consumers.
LNG is a liquid state of natural gas and is 600 times smaller than its gaseous state.
Natural gas obtained from the coal beds can be used without any further processing.
Top 5 Producers of Natural Gas
- • United States
- • Russia
- • Iran
- • Qatar
- • Canada
Top 5 Countries that have the most Natural Gas
- • Russia
- • Iran
- • Qatar
- • USA
- • Saudi Arabia
Five main uses of Natural Gas
- Power Generation: The most of the Natural Gas that is produced is used for generating power.
- Industrial Demand: In industries, Natural Gas is used as raw material to manufacture fertilizers, chemicals and hydrogen.
- Residential Sector: Nearly 20% of the demand for Natural Gas comes from the residential sector. Natural gas is used for both cooking and heating.
- Transportation: Natural gas is used as an alternative fuel, and it is used in the transportation sector to operate compressors that move Natural gas through pipelines.
- Commercial: On commercial front Natural gas is used to heat buildings and water, operate refrigeration and cooling equipment.
Factors that influence the price of Natural Gas
- Supply: The major determinant of the price of the Natural Gas is its production. It is not easy to find new lands, wells and others sources to obtain Natural Gas. Therefore, in the years where the supply is steady the price of Natural Gas fell and vice-versa.
- Weather: The extremities of weather affect the drilling process, and it further impacts the supply. Extremely cold weather can also limit the production of Natural gas. When the supply is affected, it certainly affects the price.
- Economic Growth: During the economic growth demand for the Natural gas in the industrial as well as commercial sector rises and it in-turn raises the price.
- In-storage Supplies: Underground storage facilities impact the price of the natural gas as well. When domestic production and imports fail to meet the demand, these storage facilities can provide the supplies of natural gas and play their role in controlling the prices to soar.In the scenario when the demand of the Natural gas is too low, these storage facilities can absorb the production and prevent the prices from falling further.
Reasons to invest in Natural gas
- Demand and Supply both are inelastic in the short run and cannot be easily shifted to other commodities.
- Natural gas should be added to the portfolio for better diversification and management of the risk.
- It is a good bet to hedge against the inflation and week dollar.
Risk of investing in Natural gas
- Global recession might slash the demand of this commodity
- The consumer might shift to other cheaper substitutes available in the market.
- Appreciating the dollar will also negatively impact this commodity.
Contract Specifications
Symbol | NATURALGAS |
Description | NATURALGASMMMYY |
Contract Listing | Contracts are available as per the Contract Launch Calendar |
Contract Start Day | 4 months in advance is launched. As per the Contract Launch Calendar |
Last Trading Day | Contracts expire on or around 25th of every month of the expiry month, 4 months later. |
Price Quote | Rs. per mmBtu |
Lot size | 1250 mmBtu |
Tick Size | 10 paise (0.10 rupees) |
Profit/Loss made for every ₹ 1 change | Rs. 1250 |
Trading Period | Monday to Friday |
Trading Timings | 10.00 a.m. to 11.30/ 11.55 p.m |
Commodity Group | Oil & Energy |
Instrument Type | COMMODITY FUTURES |
Initial Margin | Minimum 4% or based on SPAN whichever is higher. |
Contract Launch Calendar
Contract Month | Contract Launch Months | Contract Expiry Months |
|---|---|---|
January 2018 | 27 October 2017 | 25 January 2018 |
February 2018 | 28 November 2017 | 23 February 2018 |
March 2018 | 27 December 2017 | 26 March 2018 |
April 2018 | 29 January 2018 | 25 April 2018 |
May 2018 | 26 February 2018 | 25 May 2018 |
June 2018 | 27 March 2018 | 26 June 2018 |
July 2018 | 26 April 2018 | 26 July 2018 |
August 2018 | 28 May 2018 | 28 August 2018 |
September 2018 | 27 June 2018 | 25 September 2018 |
October 2018 | 27 July 2018 | 26 October 2018 |
November 2018 | 29 August 2018 | 27 November 2018 |
December 2018 | 26 September 2018 | 26 December 2018 |
* Contract Launch Calendar Source MCXINDIA https://www.mcxindia.com/home
MCX Natural Gas Price History
Date | Price | Open | High | Low | Volume |
|---|---|---|---|---|---|
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Paid Members | Paid Members | Paid Members | Paid Members | Paid Members | Paid Members |
Get MCX Live Price of the major commodities listed on the multi-commodity change of India. Technical Live Price analysis & price charts of the commodity MCX Natural gas is researched every day and updated daily.
