Mumbai, May 11: In April’26, IGX achieved a monthly trade gas volume of 8.54 million MMBtu (215.16 MMSCM), volume up by 78.97% MoM basis, the increase in volume was primarily driven by higher power demand. Approximately 53.08% of the traded volume comprised Domestic HPHT gas at the ceiling price, procured by CGDs for their D-PNG & T-CNG demand, while the remaining 46.92% was free market gas. Nearly 17.52 MMSCM of domestic gas with pricing freedom was traded by producers at Bokaro (CBM), Jaya, Suvali and Hazira-ONGC delivery points.
Exchange traded deliveries were 8.13 million MMBtu (~6.83 MMSCMD) during the month.
Indian Gas Exchange’s benchmark price index, GIXI®, for April 2026 stood at [₹1,577/$16.9] per MMBtu, up 57.99% MoM and 49.10% YoY.
GIXI®-West was [₹1572/$16.8] per MMBtu, similar to GIXI®-All India, whereas GIXI®-East and GIXI®-South were higher by 59.04% and 45.24% respectively. GIXI®-Dahej for April 2026 was [₹1522/$16.3] per MMBtu, 56.09% up compared to previous month. GIXI®-Dahej traded at 5.58% discount price compared to the WIM-Ex Dahej settled price for April 2026.
IGX offers delivery-based trade in ten standardized natural gas contracts such as Intraday, Day-Ahead, Daily, Weekday, Weekly, Fortnightly and Monthly (upto 12 months), Balance of Month & two Long Duration Contracts – 3 Months and 6 Months linked to Benchmarks: GIXI®, JKM®, WIM® & Dated Brent®.
