Potato up 0.8% on spot demand

Commodity for delivery in March moved up by 0.7%

Potato prices rose by 0.84% to Rs 851.30 per quintal in futures trade today as speculators enlarged positions on pick-up in spot market demand amid low stocks.

Marketmen said sentiment improved as traders enlarged holdings on account of a surge in demand in market, which also supported the uptrend.

At the Multi Commodity Exchange, potato for delivery in April rose by Rs 7.10, or 0.84%, to Rs 851.30 per quintal, with trading volume of 4 lots.

Potato for delivery in March also moved up by Rs 6.40, or 0.73%, to Rs 883 per quintal with a trade volume of 38 lots.