Potato futures trade higher on rising demand

Potato futures traded higher on MCX as traders created fresh positions on the back of rising demand in the spot market. Limited stocks position in the physical market on the back of restricted arrivals from producing belts in Uttar Pradesh, Punjab and West Bengal also influenced the commodity price in future trade. The contract for May delivery was trading at Rs 1380.20, up by 0.81% or Rs 11.10 from its previous closing of Rs 1369.10. The open interest of the contract stood at 1157.00 lots. The contract for June delivery was trading at Rs 1470.00, up by 0.87% or Rs 12.70 from its previous closing of Rs 1457.30. The open interest of the contract stood at 2042.00 lots on MCX.