 "Potato up 2% as demand picks up")
Potato prices rose by 2.08% to Rs 1,436 per quintal in futures trade today as traders created fresh positions on the back of rising demand in the spot market.
At the Multi Commodity Exchange, potato for May contract rose Rs 29.30, or 2.08%, to Rs 1,436 per quintal, with a trading volume of 367 lots.
The delivery for the April contract also traded higher by Rs 15.50, or 1.17%, to Rs 1,334 per quintal with a business volume of 30 lots.
Marketmen said the rise in potato prices at futures trade was due to rising spot demand amid restricted arrivals from producing belts in Uttar Pradesh, Punjab and West Bengal.
At the Multi Commodity Exchange, potato for May contract rose Rs 29.30, or 2.08%, to Rs 1,436 per quintal, with a trading volume of 367 lots.
The delivery for the April contract also traded higher by Rs 15.50, or 1.17%, to Rs 1,334 per quintal with a business volume of 30 lots.
Marketmen said the rise in potato prices at futures trade was due to rising spot demand amid restricted arrivals from producing belts in Uttar Pradesh, Punjab and West Bengal.
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