Naturalgas on MCX settled down -0.36% at 251.10 as prices witnessed fresh selling after prices rose last month as demand for natural gas was nearly four times higher than in the same period a week ago and nearly three times higher than the five-year average. A polar blast that’s poised to sweep the U.S. has turned natural gas into the year’s best performer among major commodities. 

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Now mild conditions will open the week over the southern and eastern US with above normal temperatures where highs will reach the 60s and 70s south to 40s and 50s north. Temperatures will be colder than normal across almost the entire country Thu-Sat with lows of teens to below zero over the northern, central, and western US, and teens to 30s over the southern and eastern US. Technically market is getting support at 249.8 and below same could see a test of 248.4 level, And resistance is now likely to be seen at 253.4, a move above could see prices testing 255.6.