Potato up 0.2% on pick-up in demand

Commodity for delivery in April shed 0.1%

Potato prices were higher by 0.27% to Rs 1,175.90 per quintal in futures trade today as speculators created fresh positions after pick up in demand in the spot market.

At the Multi Commodity Exchange, potato for delivery in March moved up by Rs 3.20, or 0.27%, to Rs 1,175.90 per quintal in a business turnover of 8 lots.

However, potato for delivery in April shed Rs 1.20, or 0.10% to Rs 1186.40 per quintal in 38 lots.

Analysts said fresh positions built-up by speculators on the back of a rise in demand in the spot market mainly helped potato prices to trade marginally higher at futures trade.