Potato up 1.5% on pick-up in demand

Commodity for delivery in June also moved up by 0.7%

Potato futures prices moved up by 1.50% to Rs 1,387.80 per quintal today, on increased demand in spot markets against restricted arrivals from producing regions.

At the Multi Commodity Exchange, potato for delivery in July rose by Rs 20.60, or 1.50%, to Rs 1,387.80 per quintal, with trading volume of 92 lots.

The potato for delivery in June also moved up by Rs 10.30, or 0.77%, to Rs 1,337 per quintal, with a trade volume of 59 lots.

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