Potato up 2% on pick-up in physical demand

Commodity for delivery in March moved up by 0.39%

Potato futures moved up by 2.07% to Rs 940 per quintal today on increased spot demand against restricted arrivals from producing regions.

At the Multi Commodity Exchange, potato for delivery in April rose by Rs 19.10, or 2.07%, to Rs 940 per quintal, with trading volume of 11 lots.

Potato for delivery in March also moved up by Rs 3.70, or 0.39%, to Rs 943 per quintal, with a trade volume of 61 lots.

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