Naturalgas on MCX settled down -1.52% at 214.5 as prices dropped on profit booking after prices gained forecasts showed unseasonably high temperatures that would prop up demand for the power-plant fuel, trimming a supply glut. 

  Prices also seen supported as meteorologists predicted warmer-than-normal weather across most of the lower 48 states from Oct. 12 to Oct. 21. Meanwhile, traders are speculating that Hurricane Matthew will cause fewer power outages in the U.S. Southeast than expected, keeping gas demand elevated. Electricity generators have burned record amounts of gas amid hot weather, limiting gains in stockpiles of the fuel.

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