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Potato up 0.3% on pick-up in spot demand

Commodity for delivery in April moved up by 0.28%

Press Trust of India New Delhi
Potato prices moved up by Rs 4.20 to Rs 1,189.50 per quintal in futures trade today on increased spot demand.

At the Multi Commodity Exchange, potato for delivery in March rose by Rs 4.20, or 0.35%, to Rs 1,189.50 per quintal, with a trading volume of 38 lots.

Potato for delivery in April also moved up by Rs 3.40, or 0.28%, to Rs 1,200 per quintal with a trade volume of 22 lots.

Analysts said increased demand in the spot market against tight supplies from producing regions mainly pushed up potato prices at futures trade.

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First Published: Mar 04 2014 | 12:18 PM IST

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