Potato extends gains in futures trade on rising demand
Potato prices rose further by 0.76 per cent to Rs 1,308 per quintal in futures trading following rising demand, driven by ongoing "Navratras" festival.
By PTI |
NEW DELHI: Potato prices rose further by 0.76 per cent to Rs 1,308 per quintal in futures trading today following rising demand, driven by ongoing "Navratras" festival.
At the Multi Commodity Exchange, potato for delivery in May gained Rs 9.90, or 0.76 per cent, to Rs 1,308 per quintal in business turnover of 119 lots.
Likewise, potato for delivery in April traded higher by Rs 8.10, or 0.65 per cent, to Rs 1253.30 per quintal in 41 lots.
Analysts said persistent rise in potato futures was mostly due to increased demand in the spot markets on the back of ongoing auspicious "Navratras" festival.
At the Multi Commodity Exchange, potato for delivery in May gained Rs 9.90, or 0.76 per cent, to Rs 1,308 per quintal in business turnover of 119 lots.
Likewise, potato for delivery in April traded higher by Rs 8.10, or 0.65 per cent, to Rs 1253.30 per quintal in 41 lots.
Analysts said persistent rise in potato futures was mostly due to increased demand in the spot markets on the back of ongoing auspicious "Navratras" festival.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
In 1853, a chef sliced potatoes paper-thin after a complaint which led to the creation of potato chips2026-06-02T10:48:24Z- In 1853 a kitchen complaint created a global snack obsession: How the furious chef George Speck trying to mock a customer accidentally created potato chips2026-05-21T15:50:44Z
- Japan's Calbee potato chip bags turn black-and-white due to Iran war ink shortage2026-05-12T08:38:18Z
ADVERTISEMENT
