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Potato futures marginally up on spot demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:13 AM IST

Potato prices were marginally higher by Rs 1.20 to Rs 494.90 per quintal in futures trading today as traders enlarged their positions on pick up on spot demand.

Restricted arrivals at spot markets from the producing regions also supported the uptrend. At the Multi Commodity Exchange, the potato for far-month August contract gained Rs 1.20, or 0.24 per cent to Rs 494.90 per quintal with an open interest of 1067 lots.

The potato for delivery in July contract also traded higher by Rs 0.50, or 0.10 per cent to Rs 492.30 per quintal in 1453 lots.

Marketmen said fresh buying by traders against restricted arrivals from the producing belts of Haldwani helped potato prices to trade little higher at futures trade.

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First Published: Jun 16 2010 | 1:58 PM IST

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