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Potato prices traded higher by Rs 6.20 to Rs 859 per quintal in futures trade today as speculators created fresh positions, driven by pick up in spot demand against restricted arrivals from producing region.
At the Multi Commodity Exchange, potato for delivery in July traded higher by Rs 6.20, or 0.73%, to Rs 859 per quintal in business turnover of six lots.
Likewise, the potato for delivery in August edged up by Rs 1.20, or 0.15%, to Rs 808 per quintal in four lots.
Analysts said speculators created fresh positions, driven by pick up in demand in the spot market against limited arrivals from producing region mainly led to the rise in potato prices at futures trade.
