Breaking News

You are here » Indian-Commodity  :  Commodities  :  Potato  :  Potato futures trade up on rising demand

16-Dec2013

Potato futures trade up on rising demand

Potato futures traded up on MCX on increased positions built up by speculators supported by rising demand in the spot market. Moreover, restricted arrivals from producing regions also impacted the trading sentiments.

The contract for March delivery was trading at Rs 929.50, up by 1.23% or Rs 11.30 from its previous closing of Rs 918.20. The open interest of the contract stood at 1147.00 lots.

The contract for April delivery was trading at Rs 916.10, up by 1.32% or Rs 11.90 from its previous closing of Rs 904.20. The open interest of the contract stood at 471.00 lots on MCX.


Related News

View all news

Potato production to be close to 100 LT in 2018 season

The production of potato in the 2018 season is likely to be close to 100 lakh tone (LT) compared to production of 110 LT recorded in 2017. As per West Bengal Coal Storage Association president Patit Paban......

Ministry approves procurement of one lakh MT of potatoes under MIS

The Ministry of Agriculture and Farmers Welfare has approved the procurement of potato under Market Intervention Scheme (MIS) in Uttar Pradesh for the crop season 2016-17. A maximum quantity of 100,000......

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......

Top News

View all news

RPP Infra Projects bags orders worth Rs 62.90 crore from BHEL

RPP Infra Projects has bagged orders from Bharat Heavy Electricals (BHEL), Chennai for worth of Rs 62.90 crore. The first order is for providing civil works of Boiler, Mill and Bunker, ESP area of unit......

Glenmark gets tentative ANDA approval for Abiraterone Acetate Tablets

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted tentative approval by the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg, a generic......

HDFC Standard Life Insurance reports 18% rise in Q3 net profit

HDFC Standard Life Insurance has reported results for third quarter ended December 31, 2018. The company has reported a rise of 18.48% in its net profit at Rs 245.63 crore for the quarter under review......