EEX Natural Gas Futures See 3% Price Gap and Subsequent Market Volatility

Natural Gas futures for August 2026 traded on the EEX exchange saw significant price movements on December 20. The contract opened with a gap of 3% to the upside, but its early performance was marred by losses. However, these were later covered in subsequent trades, thanks to 'adding to the winners'.

The relationship between XNGUSD and Natgas against the rupee was consistent, but there was some price slippage due to this consistency. This made it challenging for traders to determine the direction of the market.

Scalpers likely profited from their trades during this period, as they typically look to make quick gains from market fluctuations.