Potato futures marginally up on spot demand

Potato prices edged higher by 0.63 per cent to Rs 1,060 per quintal in futures market today as speculators increased their positions amid a firming trend at spot markets on strong demand amid restricted arrivals.
At the Multi Commodity Exchange, potato for delivery in March traded higher by Rs 6.70, or 0.63 per cent, to Rs 1,060 per quintal, with a business turnover of 43 lots.
The potato for April contract also inched up by Rs 6.60, or 0.60 per cent, to Rs 1,098.80 per quintal, with a trading volume of 10 lots.
Analysts said improved demand against less arrivals from producing regions mainly supported the upside in potato prices at futures trade.