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01-Mar2014

Potato futures rise on MCX

Potato futures traded higher on MCX as speculators enlarged their positions on a firming spot markets trend. Tight stocks availability in the physical market due to fewer arrivals from producing belts further fuelled the uptrend of commodity prices.

The contract for March delivery was trading at Rs 1200.70, up by 0.65% or Rs 7.70 from its previous closing of Rs 1193.00. The open interest of the contract stood at 1177.00 lots.

The contract for April delivery was trading at Rs 1212.00, up by 0.63% or Rs 7.60 from its previous closing of Rs 1204.40. The open interest of the contract stood at 783.00 lots on MCX.


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