Potato gains 0.37% on pick-up in demand

Amid pick-up in spot demand, supported by the ongoing marriage season, potato prices rose by Rs 2.90 to Rs 786 per quintal in futures trade today on speculators increasing their positions.

At the Multi Commodity Exchange, the May contract for potato rose by Rs 2.90, or 0.37%, to Rs 786 per quintal in business turnover of 10 lots.

Potato prices for delivery in April traded higher by 70 paise, or 0.09%, to Rs 756 per quintal in 57 lots.

Analysts said pick-up in demand in the spot market in view of the marriage season mainly led to the rise in potato prices at futures trade.