Potato rises almost 1% on spot demand

Restricted arrivals from producing regions supported the trade

Potato futures rose by 0.95% to Rs 850 per quintal today on increased spot demand.

Besides, restricted arrivals from producing regions also supported the upside.

At the Multi Commodity Exchange (MCX), the August contract rose by Rs 8, or 0.95%, to Rs 850 per quintal in 23 lots.

The July contract moved up by Rs 6.90, or 0.78%, to Rs 883.50 per quintal in 13 lots.

Analysts said increased demand in the spot market against tight supplies from producing regions mainly pushed up potato prices at futures trade.