Potato futures edge higher on rising demand

Potato futures edged higher on MCX on the back of fresh positions built-up by speculators, driven by rising demand in the spot markets. However, easy availability of the commodity and increased arrivals from producing areas restricted the gains to some extent. The contract for June delivery was trading at Rs 1330.00, up by 0.45% or Rs 6.00 from its previous closing of Rs 1324.00. The open interest of the contract stood at 1496.00 lots. The contract for July delivery was trading at Rs 1368.50, up by 0.31% or Rs 4.20 from its previous closing of Rs 1364.30. The open interest of the contract stood at 1441.00 lots on MCX.