Potato futures remain higher as demand picks-up

NEW DELHI: Potato futures prices today rose further by Rs 1.20 to Rs 741 per quintal on rising spot demand driven by the ongoing ' Navratri' festival.

At the Multi Commodity Exchange, potato for delivery in March added Rs 1.20, or 0.16 per cent, to Rs 741.20 per quintal in business turnover of six lots.

Likewise, the potato for delivery in April edged up by 60 paise, or 0.09 per cent, to Rs 705 per quintal in three lots.

Market analysts said rising demand in the spot market, triggered by the auspicious 'Navratri' festival, mainly pushed up potato futures prices.