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Potato up 1.8% on spot demand

Prices went up as traders enlarged their positions

Press Trust of India  |  New Delhi 

Potato futures for May gained Rs 14.50, or 1.76%, to Rs 836.50 per quintal in 745 lots.

At the Multi Commodity Exchange (MCX), the March contract traded higher by Rs 5.30, or 0.61%, to Rs 873 per quintal in 10 lots.

Potato continued its rising streak for the fifth straight day.

Prices went up as traders enlarged their positions, triggered by strong spot market demand.

Restricted arrivals from producing belts further supported the upside in potato futures trade.

First Published: Fri, March 15 2013. 15:23 IST