Potato futures up 1.63 per cent on rising spot demand
At MCX, potato for delivery in March rose by Rs 12.10, or 1.63 per cent, to Rs 752.70 per quintal, with a trading volume of 92 lots.
By PTI | Updated:
NEW DELHI: Potato prices rose by Rs 12.10 to Rs 752.70 per quintal in futures trade today, on increased spot demand against restricted arrivals.
The trading sentiment improved further as the traders enhanced their holdings amid restricted supply from the producing region.
At the Multi Commodity Exchange, potato for delivery in March rose by Rs 12.10, or 1.63 per cent, to Rs 752.70 per quintal, with a trading volume of 92 lots.
Potato for delivery in April also moved up by Rs 8.50, or 1.22 per cent to Rs 704 per quintal with a business volume of 4 lots.
Analysts said, increased demand in the spot market against tight supplies from producing regions pushed up potato prices at futures trade.
The trading sentiment improved further as the traders enhanced their holdings amid restricted supply from the producing region.
At the Multi Commodity Exchange, potato for delivery in March rose by Rs 12.10, or 1.63 per cent, to Rs 752.70 per quintal, with a trading volume of 92 lots.
Potato for delivery in April also moved up by Rs 8.50, or 1.22 per cent to Rs 704 per quintal with a business volume of 4 lots.
Analysts said, increased demand in the spot market against tight supplies from producing regions pushed up potato prices at futures trade.
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