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 prices recover on spot demand

Dec 20 2012, 12:48 IST
Comments 0
SummaryPotato prices recovered by Rs 4.10 to Rs 674 per quintal in futures trade today.

Potato prices recovered by Rs 4.10 to Rs 674 per quintal in futures trade today as speculators created fresh positions, driven by a rise in demand in the spot market.

However, easy availability of stocks in the physical market due to increased arrivals from producing belts limited the gain.

At the Multi Commodity Exchange, potato for delivery in April month recovered by Rs 4.10, or 0.61 per cent to Rs 674 per quintal in business turnover of 3 lots.

The potato for delivery in March contract traded higher by Rs 3.30, or 0.47 per cent to Rs 711.90 per quintal in 16 lots.

Market analysts said improved demand in the spot market due to ongoing marriage season mainly helped potato prices to trade higher at futures market.

Ads by Google

More from Commodities

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