 "Potato gains by 3%, on strong demand")
Potato prices climbed by 3% to Rs 669.90 per quintal in futures market today as speculators strengthened their positions, driven by strong demand in the spot market.
Tight stocks availability in physical market on less arrivals from producing belts due to heavy rains further supported the upsurge in potato prices.
At the Multi Commodity Exchange, potato for delivery in September climbed by Rs 19.50, or 3% to Rs 669.90 per quintal in business turnover of 392 lots.
Also Read
Potato for delivery in August also jumped up by Rs 16.30, or 2.30% to Rs 725 per quintal in 425 lots.
Market analysts said apart from rising spot market demand, tight stocks positions on less arrivals from producing regions mainly pushed up potato prices at futures trade.