Potato remains up in futures trade on surging demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:11 AM IST

Potato prices moved up by Rs 14.60 or 3.30 per cent to Rs 456.50 per quintal in futures market today, on rising domestic as well as export demand.

Disrupted supplies from producing regions due to heavy rains also supported the rise in potato prices.

At the Multi Commodity Exchange, potato for October month rose by Rs 14.60 or 3.30 per cent to Rs 456.50 per quintal, with an open interest of 1,848 lots.

Similarly, potato for delivery in September month also traded higher by Rs 9 or 2.13 per cent to Rs 431.30 per quintal in 1,898 lots.

Analysts said strong domestic and exports demand against limited arrivals from producing regions mainly led to rise in potato prices at futures trade.

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First Published: Aug 24 2010 | 12:54 PM IST

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