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Potato futures exhibit mixed trend on MCX

12 Aug 2013 Evaluate

Potato futures showed a mixed trend on NCDEX. The near term contract declined due to the availability of adequate stocks in the physical market on account of higher supply from the producing belts, while May contract rose on the expectations of rise in demand.

The contract for August delivery was trading at Rs 786.50/100 kg, down by 0.66% or Rs 5.20 from its previous closing of Rs 791.70/100 kg. The open interest of the contract stood at 90.00 lots.

The contract for September delivery was trading at Rs 790.20/100 kg, up by 1.45% or Rs 11.30 from its previous closing of Rs 778.90/100 kg. The open interest of the contract stood at 678.00 lots on MCX.

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