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Potato up 1% on spot demand

Improvement in spot market demand supported the trade

Press Trust of India New Delhi
Potato futures for March moved up by Rs 7.70, or, 0.98%, to Rs 790 per quintal in seven lots.

At the Multi Commodity Exchange (MCX), the April contract moved up by Rs 4.90, or, 0.65%, to Rs 754.80 per quintal in 34 lots.

Prices went up as speculators created fresh positions, driven by an improvement in spot market demand.

However, expectations of higher output this season limited the gains.

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First Published: Mar 11 2013 | 3:35 PM IST

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