Potato up 0.6% on spot demand

Potato for delivery in March traded higher by 0.66%

Potato futures gained 0.69% to Rs 790 per quintal in futures trade today as speculators created fresh positions on hopes of a rise in demand in the spot market in "Navratras".

At the Multi Commodity Exchange, potato for delivery in far-month April gained Rs 5.40, or 0.69% to Rs 790 per quintal in business turnover of 4 lots.

Likewise, the potato for delivery in March traded higher by Rs 5.40, or 0.66% to Rs 822 per quintal in 40 lots.

Analysts said speculators created fresh positions on expectations of a rise in demand in the spot market in coming "Navratras" mainly pushed up potato prices at futures trade.