Commodities

Potato up on firm demand

PTI New Delhi | Updated on March 12, 2018

Potato prices rose by Rs 8.60 to Rs 456 per quintal in futures market today as traders enlarged their positions on rising demand in the spot market.

Fall in arrivals from producing regions also supported the uptrend.

At the Multi Commodity Exchange, potato for delivery in August rose by Rs 8.60 or 1.92 per cent to Rs 456 per quintal, with a business turnover of 283 lots.

Similarly, potato for delivery in July contract gained Rs 7.30 or 1.52 per cent to Rs 487.60 per quintal, with a business turnover of 157 lots.

Market analysts said increased buying by traders and speculators on rising demand in the spot market mainly led to rise in potato prices at futures trade.

Published on June 21, 2011

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