Potato futures rise on high spot demand
Potato futures prices rose by Rs 7.10 to Rs 715.10 per quintal today, as traders created fresh positions after a rise in demand in the spot market due to marriage season.
At the Multi Commodity Exchange, potato for delivery in April rose by Rs 7.10, or 1.00%, to Rs 715.10 per quintal in business turnover of 34 lots.
Potato for delivery in March also moved up by Rs 5.90, or 0.82%, to Rs 729.10 per quintal in 293 lots.
Analysts said a pick up in demand in the spot market on account of marriage season mainly pushed up potato futures prices.