Hi Sunny here

#2
POTATO
11th Aug -10
Fundamentals
1. Increase in output of Potato in this year, led to the increase in arrival of fresh stocks
leading to the decline in price on futures platform.
2. Lack of buying support in the physical markets is also the reason for less volatility
3. OI continuous to be high at around 225240 MT.
4. According to Agra potato market sources around 40 % potato has lifted from Agra
cold stores, 15% will be remain for potato seed and rest 45 % has to be lifted forth
coming months.
5. Jyoti Variety Potato from Kolkata is moving to Assam, Andhra Pradesh and
Jharkhand.
6. Once the potatoes in the southern States comes into the market (expected Aug-10
second week), then the demand for Bengal potatoes & Agra potatoes may remain
subdued.
 
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