Potato up 0.8% on rising demand

Commodity for delivery in June gained 0.45%

Press Trust of India New Delhi
Last Updated : May 05 2014 | 12:56 PM IST
Amid rising spot market demand and restricted arrivals from producing regions, potato prices rose further by 0.80% to Rs 1,392.60 per quintal in futures trade today.

At the Multi Commodity Exchange, potato for delivery in May advanced by Rs 11.10, or 0.80%, to Rs 1,392.60 per quintal in a business turnover of 66 lots.

In a similar fashion, potato for delivery in June gained Rs 6.60, or 0.45%, to Rs 1,479.40 per quintal in 116 lots.

Analysts said besides rising demand in the spot market, limited arrivals from producing regions supported the upside in potato prices.

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First Published: May 05 2014 | 12:46 PM IST

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