Potato up by 0.91%, pick up in spot demand

Potato prices moved up as speculators created fresh positions, supported by pick up demand in spot markets

Potato prices moved up by Rs 6.50 to Rs 717 per quintal in futures trade today as speculators created fresh positions, supported by pick up demand in spot markets amid tight supplies from producing belt.

 

At the Multi Commodity Exchange, potato for delivery in August rose by Rs 6.50 or 0.91% to Rs 717 per quintal in business turnover of 37 lots.

 

Potato for the month of September also traded higher by Rs 1.30 or 0.20% to Rs 665 per quintal in 22 lots.