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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.


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