Pickup in demand lifts Potato future
Potato prices rose by 0.09 per cent on Friday at the Multi Commodity Exchange (MCX) as a result of a rise in the demand in the market in the midst of restricted arrivals from the major producing regions in UP, Punjab, MP and West Bengal. Sentiment improved further as the traders enlarged their holdings on account of a surge in the demand for the commodity in the market. Potato futures for May 2014 contract, at MCX, were trading at Rs 1304.90 per 100 kg, up by 0.09 per cent after opening at Rs. 1,298 against the previous closing price of Rs. 1,303.70. It touched the intra-day high of Rs. 1,304.90 till the trading. (At 02.13 PM today).
Potato prices rose by 0.09 per cent on Friday at the Multi Commodity Exchange (MCX) as a result of a rise in the demand in the market in the midst of restricted arrivals from the major producing regions in UP, Punjab, MP and West Bengal. Sentiment improved further as the traders enlarged their holdings on account of a surge in the demand for the commodity in the market. Potato futures for May 2014 contract, at MCX, were trading at Rs 1304.90 per 100 kg, up by 0.09 per cent after opening at Rs. 1,298 against the previous closing price of Rs. 1,303.70. It touched the intra-day high of Rs. 1,304.90 till the trading. (At 02.13 PM today).
