Why is natural gas price not increased in INR(instead it is decreased by 4 INR) though price in $ increased from $2. 281 (FRIDAY 11:55PM IST) to $2. 44 on Monday 9AM IST?

General
1

Below is statistics of Natural Gas.

Oct 23 Friday 11:55PM IST

Closing Price:148.80 INR;2.281$ (from Investing.com)

Oct 26 Monday 10 AM IST

144.40INR; $2.44

The price is increased by 14 cents in dollar but there is no relative increase in INR. What went wrong here? Please clarify

Thanks,

Sathya

1 Like
2

Considering the fact the investing.com gives the global market price of all commodities it is very much possible there will be difference in Indian commodity market price according to demand and supply in the markets.

So always we cannot compare the prices with investing.com with Indian market commodities.