Potato futures move higher on increased spot demand

Potato futures moved higher on MCX as speculators enlarged positions amid increased spot demand. Moreover, tight arrivals of the commodity from producing areas and limited stocks position in the physical market also supported the upsurge. The contract for June delivery was trading at Rs 1334.40, up by 0.15% or Rs 2.00 from its previous closing of Rs 1332.40. The open interest of the contract stood at 1396.00 lots. The contract for July delivery was trading at Rs 1375.00, up by 0.18% or Rs 2.50 from its previous closing of Rs 1372.50. The open interest of the contract stood at 1541.00 lots on MCX.