Business Standard

Potato tad higher on spot demand

Image

Press Trust of India New Delhi

Potato prices traded marginally higher by 0.08% to Rs 762.90 per quintal in futures trading today due to improved demand in the spot market, driven by ongoing marriage season.

At the Multi Commodity Exchange, the March contract for potato for delivery in March month traded higher by 60 paise, or 0.08%, to Rs 762.90 per quintal in business turnover of 163 lots.

The April contract inched up by 50 paise, or 0.07%, to Rs 750 per quintal in 44 lots.

Marketmen said rising demand in spot market supported by ongoing marriage season mainly led to rise in potato prices at futures trade.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 13 2012 | 2:02 PM IST

Explore News