Potato futures rises on spot demand

NEW DELHI, Mar 21: Potato prices edged higher by 1.39 per cent to Rs 1,236 per quintal in futures market today as speculators increased their positions supported by a firming trend at spot markets on rising demand.
At the Multi Commodity Exchange, potato for delivery in April surged by Rs 17, or 1.39 per cent, to Rs 1,236 per quintal with a business turnover of 54 lots.
Potato prices for delivery in March also jumped up by Rs 14.80, or 1.23 per cent, to Rs 1,215 per quintal, with trading volume of 13 lots.
Analysts said improved demand against restricted arrivals from producing regions mainly supported the upside in potato prices at futures trade. (AGENCIES)