Potato gains 0.9% on good spot demand

Potato prices gained Rs 6.50 to Rs 753.80 per quintal in futures trade today, as traders enlarged their positions on the back of a firming trend at the spot markets on good demand for the ongoing marriage season.

At the Multi Commodity Exchange, potato for delivery in April gained Rs 6.50, or 0.87%, to Rs 753.80 per quintal in business turnover of seven lots.

March potato edged up by Rs 1.40, or 0.18%, to Rs 759.90 per quintal in 309 lots.

Marketmen said increased buying by traders on good spot demand, supported by ongoing marriage season, mainly pushed up potato prices at futures trade.