# Gas Price Hike: India Hikes Natural Gas Price To Its Highest In Two Years

> India raised the price of domestically produced natural gas by 6% to $3.06 per mmBtu, its highest in at least two years and the second consecutive increase after five cuts. A separate ceiling price for difficult fields rose 8% to $6.78 for the six months to September 2018.

- Date: 2018-03-28 · published 2018-03-28T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/66181-gas-price-hike-india-hikes-natural-gas-price-to-its-highest-in-two-years
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher domestic gas costs raise input costs for Indian fertilizer and industrial users, and may support regional energy-linked prices. The effect on global grain or oilseed markets is limited.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-11-06 | [PetroChina’s shares fuelled by move to increase natural gas prices for commercial users \| South China Morning Post](https://feedsoft.ai/events/10193-petrochina-s-shares-fuelled-by-move-to-increase-natural-gas-prices-for.md) | +11.4% | +2.9% |
| NATGAS | 2026-10-29 | [EC holds to Russian gas ban as prices soar \| S&P Global](https://feedsoft.ai/events/2159-ec-holds-to-russian-gas-ban-as-prices-soar-s-and-p-global.md) | -1.8% | — |
| NATGAS | 2021-12-08 | [Farmers ask US Justice Department to investigate fertilizer price spikes \| Reuters](https://feedsoft.ai/events/43923-farmers-ask-us-justice-department-to-investigate-fertilizer-price-spikes-reuters.md) | +2.0% | +4.8% |
| NATGAS | 2021-11-16 | [German regulator puts brake on Nord Stream 2 in fresh blow to gas pipeline](https://feedsoft.ai/events/44233-german-regulator-puts-brake-on-nord-stream-2-in-fresh-blow-to-gas-pipeline.md) | -1.7% | -23.8% |
| NATGAS | 2024-04-24 | [Global fertiliser prices set to drop but gas risks cause concern \| Farm Online \| ACT](https://feedsoft.ai/events/5022-global-fertiliser-prices-set-to-drop-but-gas-risks-cause-concern-farm-online-act.md) | +7.7% | +52.8% |

## Sources

- ndtvprofit.com: https://www.ndtvprofit.com/markets/india-hikes-natural-gas-price-to-its-highest-in-two-years-10459182

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.