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Potato up 2% on pick-up in physical demand

Commodity for delivery in March moved up by 0.39%

Press Trust of India New Delhi
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.
 

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First Published: Dec 09 2013 | 12:36 PM IST

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