Narendra Modi's Washington test

Narendra Modi's Washington test

If Modi gets the world’s biggest power right, his pursuit of larger global goals...
Small banks or banks for ‘small’ people?

Small banks or banks for ‘small’ people?

Unless appropriate sub-limits are imposed on loans, there is a serious...

Potato futures fall 0.92% on adequate stocks, low demand

Dec 17 2012, 14:36 IST
Comments 0
SummaryPotato prices for April contract fell by Rs 6.40, or 0.92 per cent, to Rs 682.20 per quintal.

Potato prices fell by Rs 6.40 to Rs 682.20 per quintal in futures trade today as speculators offloaded their positions due to low demand in spot markets.

The trading sentiment weakened further as a result of easy availability of potato in the spot markets following fresh arrivals from producing regions.

At the Multi Commodity Exchange, potato prices for April contract fell by Rs 6.40, or 0.92 per cent, to Rs 682.20 per quintal, with a business volume of 6 lots.

The potato for delivery in March declined by Rs 5.50, or 0.76 per cent, to Rs 716.50 per quintal, with a trading volume of 25 lots.

Market experts said traders offloaded their holdings at existing higher levels, tracking a weak spot market trend on fresh supplies mainly pulled down potato prices.

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...