Potato up 1.22% on pick-up in spot demand

Restrcited arrivals also raised the price

Potato prices moved up by Rs 9.10 to Rs 752.80 per quintal in futures trade today, on increased spot demand against restricted arrivals.

Trading sentiment improved further as traders enlarged their holdings driven by surge in demand in the spot market.

At the Multi Commodity Exchange, the March contract rose by Rs 9.10, or 1.22%, to Rs 752.80 per quintal, with trading volume of 61 lots.

The April contract also moved up by Rs 8.40, or 1.20% to Rs 708.80 per quintal with a trade volume of 17 lots.

Analysts said increased demand in the spot market against tight supplies from producing regions mainly pushed up potato prices.