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Potato futures up on physical demand

Press Trust of India New Delhi

Potato futures prices rose by Rs 2.70 to Rs 664 per quintal today, largely supported by a firm demand at physical markets.

Fall in supplies from producing regions also had a positive impact on potato futures prices.

At the Multi Commodity Exchange, potato for delivery in March rose by Rs 2.70, or 0.41 per cent to Rs 664 per quintal.

Potato for April delivery traded higher by Rs 2.30, or 0.41 per cent to Rs 642.50 per quintal.

Analysts said a firm spot demand against fall in supplies from producing belts led to a rise in potato futures prices.

 

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First Published: Nov 30 2010 | 1:48 PM IST

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