Potato prices shot up by Rs 10.70 to Rs 510 per quintal in futures trade today on speculators buying influenced by rising demand in the spot market against less arrivals from producing region.
At the Multi Commodity Exchange, October potato shot up by Rs 10.70, or 2.55% to Rs 510 per quintal in business turnover of 702 lots.
The September contract moved up by Rs 7, or 1.74% to Rs 410 per quintal in 8 lots.
Market analysts said besides increased demand in the spot market, less arrivals from producing region mainly pushed up potato futures prices.