Pick up in demand lifts Potato futures
23/06/2014 13:24
Potato prices rose by 4.18 per cent on Monday 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. Potato futures for June 2014 contract, at MCX, were trading at Rs 1,270.10 per 100 kg, up by 4.18 per cent after opening at Rs. 1,232 against the previous closing price of Rs. 1,219.10. It touched the intra-day high of Rs. 1,290 till the trading. (At 1.29 PM today). Sentiment improved further as the traders enlarged their holdings on account of a surge in the demand for the commodity in the market. The major potato markets in UP are Agra, Hathras, Kanpur, Meerut, Farrukkhabad; Jalandhar, Ludhiana, Phul and Patiala in Punjab; Ujjain, Indore and Dewas in MP
23/06/2014 13:24
Potato prices rose by 4.18 per cent on Monday 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. Potato futures for June 2014 contract, at MCX, were trading at Rs 1,270.10 per 100 kg, up by 4.18 per cent after opening at Rs. 1,232 against the previous closing price of Rs. 1,219.10. It touched the intra-day high of Rs. 1,290 till the trading. (At 1.29 PM today). Sentiment improved further as the traders enlarged their holdings on account of a surge in the demand for the commodity in the market. The major potato markets in UP are Agra, Hathras, Kanpur, Meerut, Farrukkhabad; Jalandhar, Ludhiana, Phul and Patiala in Punjab; Ujjain, Indore and Dewas in MP
