Potato prices up by 20.6% on strong demand

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Potato prices rose at the domestic markets as the traders enlarged their positions due to the surge in the demand in the spot market on account of the ongoing festive season.

Potato futures for March 2012 contract, at MCX, were trading at Rs. 681 per 100 kg, up by 20.6% after opening at Rs. 664.3 against the previous closing price of Rs. 660.4. It touched the intra-day high of Rs. 686.6 till the trading. (At 10.44 AM today).

There are four-potato export zone in India viz. in UP, Punjab, MP and West Bengal.

The major potato markets in UP are Agra, Hathras, Kanpur, Meerut, Farrukkhabad; Jalandhar, Ludhiana, Phul and Patiala in Punjab; Ujjain, Indore and Dewas in MP and Hoogly, Burdwan and Howrah in West Bengal

Read more about: potato, futures, mcx
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