Natural Gas is trading at $2.648, 0.03% up since previous day close. The prices showed a mixed trading since last few sessions amid mild changes in demand & supply ratio. Last week, the U.S Energy Information Administration (EIA) report showed a build-up in Natural gas inventory levels by 72B higher than expectation 65B which signaled for more supplies & hence, prices subdued to some extent. Last week, the commodity tested $2.900 levels amid rise in consumption demand of heating fuels from U.S & European regions on changing weather conditions. Buying on corrective dip may be recommended for the day in Natural Gas since the commodity seems to be taking a support of short-term MA (10) & MA (20).

COPPER traded at $8306.3, 0.02% up since previous close. The Copper trades flat to higher side against the soft USD amid weaker U.S NFP figures, indicating slowing progress in labor sector. Last week, the tension between U.S & China escalated as the latter imposes curbs on exports of chipmaking materials to U.S i.e., gallium & germanium which plunged down the Copper prices; for China is a top consumer of base metals. The Fed Minutes strengthened the chances of interest rate hike in near future in order to curtail down inflation rate which pushed up the USD & weakened the base metals. As seen in the chart, although the Copper reversed down from MA (10) & MA (20) & MA (200) yet it seems to be consolidating at $8300 levels. Sideways trading may be expected for the day.