Potato up 0.3% on spot demand, restricted supply

Market analysts said pick up in demand in the spot market against restricted arrivals from growing regions influenced prices

Amid pick up in domestic demand and restricted supplies from producing region, potato prices moved up by 0.37% to Rs 806.10 per quintal in futures trade today as traders created fresh position.

At the Multi Commodity Exchange, potato for delivery in March month went up by Rs 3 or 0.37% to Rs 806.10 per quintal in business turnover of 7 lots.

Market analysts attributed the rise in potato futures to the pick up in demand in the spot market against restricted arrivals from growing regions.