 "Potato up 1.2% on pick-up in spot demand; tight supply")
Potato prices rose by Rs 9.40 to Rs 772.80 per quintal in futures trade today as speculators enlarged their positions on pick-up in spot demand amid tight supply.
At the Multi Commodity Exchange, potato for August contract rose by Rs 9.40, or 1.23%, to Rs 772.80 per quintal with trading volume of 55 lots.
Potato prices for July contract also increased by Rs 6.30, or 0.77%, to Rs 823 per quintal with a business volume of 142 lots.
They said restricted arrivals from producing belts in UP, Punjab, MP and West Bengal also influenced the trading sentiment to some extent.
At the Multi Commodity Exchange, potato for August contract rose by Rs 9.40, or 1.23%, to Rs 772.80 per quintal with trading volume of 55 lots.
Potato prices for July contract also increased by Rs 6.30, or 0.77%, to Rs 823 per quintal with a business volume of 142 lots.
Also Read
Marketmen said increased buying by traders and speculators on pick-up in demand in the spot market, mainly led to the rise in potato prices at futures trade.
They said restricted arrivals from producing belts in UP, Punjab, MP and West Bengal also influenced the trading sentiment to some extent.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%