Potato futures rise 3% on tight supply, rising demand

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Press Trust of India New Delhi
Last Updated : Jul 17 2014 | 4:39 PM IST
Potato prices rose three per cent to Rs 1,402.80 per quintal in futures trade today as speculators enlarged positions amidst pick-up in demand in the spot market.
At the Multi Commodity Exchange, potato for delivery in July surged by Rs 40.80, or three per cent, to Rs 1,402.80 per quintal with a business turnover of 34 lots.
Market analysts attributed the rise in potato prices at futures trade to tight arrivals from growing belts against rising demand in the spot markets.

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First Published: Jul 17 2014 | 4:39 PM IST

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