Potato futures up 3 pc on spot demand
At the MCX, potato for delivery in September rose by Rs 20.90, or 3 per cent, to Rs 718 per quintal, with trading volume of 321 lots.
By PTI | Updated:
NEW DELHI: Potato futures prices rose by 3 per cent to Rs 718 per quintal today on increased spot demand.
Besides, restricted arrivals from producing regions also supported the upside.
At the Multi Commodity Exchange, potato for delivery in September rose by Rs 20.90, or 3 per cent, to Rs 718 per quintal, with trading volume of 321 lots.
The potato for delivery in August also moved up by Rs 11, or 1.47 per cent, to Rs 755 per quintal, with a trade volume of 171 lots.
Analysts said increased demand in the spot market against tight supplies from producing regions mainly pushed up potato prices at futures trade.
Besides, restricted arrivals from producing regions also supported the upside.
At the Multi Commodity Exchange, potato for delivery in September rose by Rs 20.90, or 3 per cent, to Rs 718 per quintal, with trading volume of 321 lots.
The potato for delivery in August also moved up by Rs 11, or 1.47 per cent, to Rs 755 per quintal, with a trade volume of 171 lots.
Analysts said increased demand in the spot market against tight supplies from producing regions mainly pushed up potato prices at futures trade.
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