Business Standard

Potato down 1.22% on fresh arrivals

Low spot demand contributes to fall

Related News

prices fell by 1.22% to Rs 1,327.80 per quintal in futures trading today as traders offloaded positions due to low demand in the spot market amid fresh arrivals from the producing belts.

At the Multi Commodity Exchange, potato for delivery in August fell by Rs 16.20, or 1.22%, to Rs 1,327.80 per quintal, with a business turnover of 15 lots.

September potato declined by Rs 17, or 1.20%, to Rs 1,399 per quintal in 24 lots.

Market experts said traders offloaded their positions due to low demand in the spot market against fresh arrivals from producing belts, putting pressure on potato futures.

Read more on:   
|

Potato down 1.22% on fresh arrivals

Low spot demand contributes to fall

Potato prices fell by 1.22% to Rs 1,327.80 per quintal in futures trading today as traders offloaded positions due to low demand in the spot market amid fresh arrivals from the producing belts.

prices fell by 1.22% to Rs 1,327.80 per quintal in futures trading today as traders offloaded positions due to low demand in the spot market amid fresh arrivals from the producing belts.

At the Multi Commodity Exchange, potato for delivery in August fell by Rs 16.20, or 1.22%, to Rs 1,327.80 per quintal, with a business turnover of 15 lots.

September potato declined by Rs 17, or 1.20%, to Rs 1,399 per quintal in 24 lots.

Market experts said traders offloaded their positions due to low demand in the spot market against fresh arrivals from producing belts, putting pressure on potato futures.

image

Read More

Chana rises 1.26% on spot demand

Chana prices rose by Rs 58 to Rs 4,657 per quintal in futures trading today as speculators created fresh positions, driven by the pick up in spot ...

Recommended for you

Quick Links

Market News

Nickel rises by 0.1% on Asian cues

Traders strengthened positions amid a firming Asian cues

Oil prices rise further in Asia

Expectations of a decline in US crude inventories and robust economic data from the eurozone helped prices

Markets remain rangebound; HUL up over 2%, Hindalco dips 1%

Investors are optimistic about a possible solution between Greece and its international creditors to avert a debt crisis

Pharma shares in focus; Aurobindo Pharma hits new high

JB Chemicals, Alembic Pharma, Aurobindo Pharma, Ipca Laboratories and Dishman Pharma were up 3%-11% each.

Infinite Computer gains on board approval for share buyback proposal

The stock spurted 5% at Rs 171 after the board approved the buyback of shares at a maximum price of Rs 220 per share from the open market ...

 

Back to Top