 "Potato up 2.5% on strong demand, restricted supply")
Potato prices rose by 2.59% to Rs 798 per quintal in futures trade today as speculators enlarged their positions on firming spot market trend on restricted supplies.
At the Multi Commodity Exchange, potato for delivery in September rose by Rs 20.20, or 2.59%, to Rs 798 per quintal, with trading volume of 304 lots.
The potato for delivery in August also moved up by Rs 1.40, or 0.17%, to Rs 780 per quintal with a trade volume of 44 lots.
Marketmen said increased buying by speculators on pick-up in spot market demand and tight supplies from major producing belts mainly led to rise in potato prices at futures trade.
At the Multi Commodity Exchange, potato for delivery in September rose by Rs 20.20, or 2.59%, to Rs 798 per quintal, with trading volume of 304 lots.
The potato for delivery in August also moved up by Rs 1.40, or 0.17%, to Rs 780 per quintal with a trade volume of 44 lots.
Marketmen said increased buying by speculators on pick-up in spot market demand and tight supplies from major producing belts mainly led to rise in potato prices at futures trade.