Potato prices rose by Rs 10.90 to Rs 1,199.90 per quintal in futures trade today as traders enlarged their positions on pick-up in spot market demand amid tight supply.
Sentiment improved further as the traders enlarged their holdings on account of a surge in the demand for the commodity in the market due to the domestic demand.
At the Multi Commodity Exchange, potato for the July month contract rose by Rs 10.90, or 0.91%, to Rs 1,199.90 per quintal with trading volume of 4 lots.
Potato for the August contract also increased by Rs 5.20, or 0.39% to Rs 1,307.90 per quintal with a business volume of 43 lots.
Marketmen said increased buying by traders and speculators on pick-up in demand in the spot market mainly led to rise in potato prices at futures trade.
They said restricted arrivals from producing belts in UP, Punjab, MP and West Bengal also influenced the trading sentiment to some extent.