Potato up by 0.3% on rising demand

Potato prices continue to rise for the fifth straight day today gaining 0.29% to Rs 790 per quintal in futures trade driven by rising demand in spot markets.

 

At the Multi Commodity Exchange, potato for delivery in September added Rs 2.30, or 0.29% to Rs 790 per quintal in business turnover of 6 lots.

 

Analysts said speculators enlarged their positions driven by rising demand in spot market.

     

Lower supplies from producing regions led to upward trend in potato prices at spot markets.