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21-Dec2013

Potato futures trade positive on strong spot demand

Potato futures traded positive on MCX as speculators enlarged their positions driven by strong demand in the spot market supported by ongoing marriage season. Besides, restricted arrivals in the markets from major producing belts too influenced the commodity prices.

The contract for March delivery was trading at Rs 991.70, up by 0.25% or Rs 2.50 from its previous closing of Rs 989.20. The open interest of the contract stood at 1293.00 lots.

The contract for April delivery was trading at Rs 983.90, up by 0.21% or Rs 2.10 from its previous closing of Rs 981.80. The open interest of the contract stood at 775.00 lots on MCX.


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