Don’t miss the latest developments in business and finance.

Potato futures rise as demand picks up

Restricted arrivals also supported prices

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:44 AM IST

Amid a pick-up in demand in the spot market, potato prices rose by Rs 17.70 to Rs 1,175.90 per quintal in futures trade today.

At the MCX, potato for delivery in August rose by Rs 17.70, or 1.53%, to Rs 1,175.90 per quintal in business turnover of 13 lots.

The potato for delivery in the June contract edged up by Rs 7.80, or 0.73%, to Rs 1,069.70 per quintal in 35 lots.

Market analysts said pick-up in demand in the spot market amid restricted arrivals from producing belts mainly pushed up potato prices at futures market.

More From This Section

First Published: May 30 2012 | 2:56 PM IST

Next Story