Potato futures rise 0.44 pc on spot demand
Potato prices rose by Rs 1.70 to Rs 1,065 per quintal in futures trading today as traders enlarged positions, driven by pick-up in spot demand amid restricted arrivals from producing belts.
By PTI | Updated:
NEW DELHI: Potato prices rose by Rs 1.70 to Rs 1,065 per quintal in futures trading today as traders enlarged positions, driven by pick-up in spot demand amid restricted arrivals from producing belts.
At the Multi Commodity Exchange, potato for delivery in October rose by Rs 1.70, or 0.44 per cent, to Rs 1,065 per quintal, with a business turnover of 29 lots.
The potato for delivery in March traded higher by 20 paise, or 0.03 per cent, to Rs 739.10 per quintal, with a business turnover of three lots.
Marketmen said increased buying by traders on the back of pick-up in spot market demand against arrivals from producing belts mainly helped potato futures to trade higher.
At the Multi Commodity Exchange, potato for delivery in October rose by Rs 1.70, or 0.44 per cent, to Rs 1,065 per quintal, with a business turnover of 29 lots.
The potato for delivery in March traded higher by 20 paise, or 0.03 per cent, to Rs 739.10 per quintal, with a business turnover of three lots.
Marketmen said increased buying by traders on the back of pick-up in spot market demand against arrivals from producing belts mainly helped potato futures to trade higher.
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