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05-Jul2014

Potato futures trade up on increased demand

Potato futures traded up on MCX as speculators enlarged positions amid increased spot demand against restricted arrivals from producing regions. However, the government's curbs to improve availability in the stock market and check rising prices restricted the gains to some extent.

The contract for July delivery was trading at Rs 1407.00, up by 2.71% or Rs 37.10 from its previous closing of Rs 1369.90. The open interest of the contract stood at 370.00 lots.

The contract for August delivery was trading at Rs 1377.00, up by 2.97% or Rs 39.70 from its previous closing of Rs 1337.30. The open interest of the contract stood at 165.00 lots on MCX.


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Potato futures trade up on increased demand

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