Potato futures remain up on pick up in demand

Nov 15 2012, 12:16 IST
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SummaryPotato prices gained marginally to Rs 729.90 per quintal.

Supported by a rising demand in spot markets, potato prices gained marginally to Rs 729.90 per quintal in futures trade today as speculators enlarged positions.

Restricted arrivals from producing belts further fuelled the uptrend in potato.

At the Multi Commodity Exchange, potato for delivery in March traded higher by 60 paise, or 0.08 per cent, to Rs 729.90 per quintal, with business turnover of 31 lots.

Marketmen said besides pick up in demand in the spot market, restricted arrivals from producing regions also influenced potato futures.

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