Potato futures rise 0.47 pc on pick up in demand

NEW DELHI, Jan 6: Amid pick-up in demand in the spot market and restricted arrivals from producing regions, potato prices rose by 0.47 per cent to Rs 980.10 per quintal in futures trade today.

At the Multi Commodity Exchange, potato prices for delivery in March rose by Rs 4.60, or 0.47 per cent, to Rs 980.10 per quintal in business turnover of 164 lots.

The potato for delivery in far-month April traded marginally up by 10 paise, or 0.01 per cent, to Rs 963.70 per quintal in 45 lots.

Analysts said besides rising demand in the spot market, restricted arrivals from producing regions led to rise in potato prices at futures trade. (AGENCIES)