Potato up 0.6% as demand picks up

Commodity for delivery in March moved up by 0.4%

Potato prices rose by 0.64% to Rs 1,034.50 per quintal in futures trading today following pick up in demand in the spot market against restricted arrivals from producing belts.

At the Multi Commodity Exchange, potato for delivery in April rose by Rs 6.60, or 0.64%, to Rs 1,034.50 per quintal in business turnover of 72 lots.

The potato for delivery in March also moved up by Rs 4.80, or 0.47%, to Rs 1,029 per quintal in 124 lots.

Analysts said pick up in demand in the spot market against restricted arrivals from producing regions mainly led to rise in potato prices at futures trade.