 "Potato up 0.9% as demand picks up")
Potato prices gained 0.90% to Rs 1,030.50 per quintal in futures trade today as speculators created fresh positions after pick-up in demand in the spot market against restricted arrivals from producing belts.
At the Multi Commodity Exchange, potato for delivery in March gained Rs 9.20, or 0.90%, to Rs 1,030.50 per quintal in a business turnover of 331 lots.
Likewise, the potato for delivery in April traded higher by Rs 8.20, or 0.79%, to Rs 1,044 per quintal in 92 lots.
Analysts said speculators created fresh positions after pick-up in demand in the spot market against restricted arrivals from producing regions which led to a rise in potato prices at futures trade.
At the Multi Commodity Exchange, potato for delivery in March gained Rs 9.20, or 0.90%, to Rs 1,030.50 per quintal in a business turnover of 331 lots.
Likewise, the potato for delivery in April traded higher by Rs 8.20, or 0.79%, to Rs 1,044 per quintal in 92 lots.
Analysts said speculators created fresh positions after pick-up in demand in the spot market against restricted arrivals from producing regions which led to a rise in potato prices at futures trade.