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Potato rises on spot demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:11 AM IST

Potato prices recovered by Rs 18.60 to Rs 1,350 per quintal in futures market today after speculators created fresh positions driven by rising demand in the spot market.

At the Multi Commodity exchange, the June potato rose by Rs 18.60, or 1.40% to Rs 1,350 per quintal in business turnover of 43 lots.

The April delivery moved up by Rs 9.20,or 0.91% to Rs 1,022.80 per quintal in 125 lots.

Analysts said pick up in demand in the spot market due to ongoing "Navratas" festival mainly pushed up potato prices at futures trade.

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First Published: Mar 29 2012 | 1:31 PM IST

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