Potato prices gained 0.60% to Rs 1,198.40 per quintal in futures trading today as speculators created fresh positions, driven by pick-up in demand in the spot market.
At the Multi Commodity Exchange, potato for delivery in March gained Rs 7.20, or 0.60% to Rs 1198.40 per quintal in business turnover of 8 lots.
Potato for delivery in April also edged up by Rs 2.50, or 0.20% to Rs 1,233.80 per quintal in 40 lots.
Analysts said speculators created fresh positions as demand in the spot market picked-up amid restricted arrivals from producing regions that mainly led to rise in potato prices at futures trade.
At the Multi Commodity Exchange, potato for delivery in March gained Rs 7.20, or 0.60% to Rs 1198.40 per quintal in business turnover of 8 lots.
Potato for delivery in April also edged up by Rs 2.50, or 0.20% to Rs 1,233.80 per quintal in 40 lots.
Analysts said speculators created fresh positions as demand in the spot market picked-up amid restricted arrivals from producing regions that mainly led to rise in potato prices at futures trade.
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