New Delhi, Nov. 6 -- The Indian Gas Exchange (IGX) on Thursday reported that its benchmark gas price index, the Indian Gas Price Index (GIXI(R)), stood at Rs973 (equivalent to USD11 per MMBtu) for October 2025, marking a decline of 11 per cent year-on-year (YoY) and 6 per cent month-on-month (MoM) amid sluggish demand and softer international prices.

According to IGX press release, the downward trend was aligned with the global gas market, where European and Asian benchmarks, TTF at USD10.9/MMBtu and WIM-Ex Dahej at USD12/MMBtu, recorded declines of 1 per cent MoM and 16 per cent YoY.

In contrast, US Henry Hub prices rose 11 per cent MoM to USD3.4/MMBtu, up 29 per cent YoY.

IGX recorded monthly trade volumes of 3.1 million MMBtu (79 MM...