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29-Nov2013

Potato futures inch down on easy availability

Potato futures inched down on MCX as a result of easy availability of potato in the spot markets following fresh arrivals from producing regions. Further, traders offloaded their holdings at existing higher levels tracking a decline in spot market impacted sentiments.

The contract for March delivery was trading at Rs 874.30, down by 0.09% or Rs 0.80 from its previous closing of Rs 875.10. The open interest of the contract stood at 738.00 lots.

The contract for April delivery was trading at Rs 853.30, down by 0.02% or Rs 0.20 from its previous closing of Rs 853.50. The open interest of the contract stood at 367.00 lots on MCX.


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