Business Standard

Potato up 1.5% on strong demand

Potato for delivery in April also shot up by 1.4%

Press Trust of India New Delhi
Amid strong demand in the spot market and tight supplies from producing regions, potato prices surged by 1.54% to Rs 898 per quintal in futures trading today.

At the Multi Commodity Exchange, potato for delivery in March month surged by Rs 13.60, or 1.54%, to Rs 898 per quintal in business turnover of 92 lots.

The potato for delivery in April also shot up by Rs 11.90, or 1.40%, to Rs 861.90 per quintal in 3 lots.

Analysts said besides strong demand in the spot market due to festive season, tight supplies following restricted arrivals from producing regions mainly pushed up potato prices at futures trade.

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First Published: Oct 21 2013 | 2:08 PM IST

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