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Potato futures improves on firm spot demand

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Press Trust of India New Delhi

Potato prices inched up by 0.15% to Rs 473.80 per quintal in futures trade today on pick-up in spot market demand.   

At the Multi Commodity Exchange, potato for August delivery inched up by 70 paise, or 0.15%, to Rs 473.80 per quintal, with a business turnover of 181 lots.

The potato for July delivery also traded higher by 40 paise, or 0.08%, to Rs 527 per quintal, with an open interest of 79 lots. 

Market analysts said pick-up in spot market demand against less arrivals mainly helped potato futures prices to trade marginally higher.

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First Published: Jul 14 2011 | 1:45 PM IST

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