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15-Feb2014

Potato futures trade higher on restricted arrivals

Potato futures traded higher on MCX as the traders enlarged their holdings on account of a surge in the demand for the commodity. Restricted arrivals from the major producing regions in UP, Punjab, MP and West Bengal too impacted the trading sentiments.

The contract for March delivery was trading at Rs 1129.50, up by 1.04% or Rs 11.60 from its previous closing of Rs 1117.90. The open interest of the contract stood at 1769.00 lots.

The contract for April delivery was trading at Rs 1168.00, up by 0.99% or Rs 11.50 from its previous closing of Rs 1156.50. The open interest of the contract stood at 1100.00 lots on MCX.


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