Natural gas futures were trading on a positive note during noon trade in the domestic market on Friday as investors and speculators shrugged off a bigger-than-expected rise in US gas supplies last week.

The EIA said that US natural gas storage rose 51 billion cubic feet to 3.401 trillion cubic feet in the week ended August 26, against an expected rise of 41 billion cubic feet, addition of 11 billion cubic feet in the prior week, 96 billion cubic feet a year earlier and a five-year average of 67 billion cubic feet.

At the MCX, Natural gas futures for September 2016 contract were trading at Rs 187.5 per mmbtu, up by 0.11 per cent, after opening at Rs. 187.5, against the previous closing price of Rs. 187.3. It touched the intra-day high of Rs. 188.3.

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