Potato futures declined on MCX due to increased supplies from producing regions against adequate stocks availability in the physical market. Further, speculators offloaded positions driven by sluggish demand in spot markets also weighed on the commodity prices.
The contract for May delivery was trading at Rs 1308.90, down by 1.10% or Rs 14.50 from its previous closing of Rs 1323.40. The open interest of the contract stood at 420.00 lots.
The contract for June delivery was trading at Rs 1336.20, down by 0.96% or Rs 12.90 from its previous closing of Rs 1349.10. The open interest of the contract stood at 1680.00 lots on MCX.
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