 "Potato up 1.1% on limited supply, high demand")
Potato prices rose further by 1.14% to Rs 1,188.50 per quintal in futures trade today as speculators enlarged their positions on a firming spot markets trend amid restricted arrivals from producing regions.
At the Multi Commodity Exchange, potato prices for March contract rose by Rs 13.50, or 1.14%, to Rs 1,188.50 per quintal, with a business volume of 212 lots.
The potato for delivery in April also traded higher by Rs 6.30, or 0.52%, to Rs 1,200 per quintal, with a trading volume of 76 lots.
Marketmen said increased buying by speculators on pick-up in spot market demand led to the rise in potato prices at futures trade.
At the Multi Commodity Exchange, potato prices for March contract rose by Rs 13.50, or 1.14%, to Rs 1,188.50 per quintal, with a business volume of 212 lots.
The potato for delivery in April also traded higher by Rs 6.30, or 0.52%, to Rs 1,200 per quintal, with a trading volume of 76 lots.
Marketmen said increased buying by speculators on pick-up in spot market demand led to the rise in potato prices at futures trade.
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