Business Standard

Potato up slightly on pick up in demand

March contract up 0.08%, as lower arrivals from producing belts fuels uptrend

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Press Trust of India New Delhi

Potato prices gained marginally to Rs 729.90 per quintal in futures trade today as speculators enlarged positions, supported by a rising demand in spot markets.

Restricted arrivals from producing belts fuelled the uptrend in potato.

At the Multi Commodity Exchange, potato for delivery in March traded higher by 60 paise, or 0.08 per cent, to Rs 729.90 per quintal, with business turnover of 31 lots.

Marketmen said besides pick up in demand in the spot market, restricted arrivals from producing regions also influenced potato futures.

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First Published: Nov 15 2012 | 12:31 PM IST

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