Potato prices spurted by 3% to Rs 998 per quintal in the futures trading today as speculators enlarged their positions, driven by pick-up in demand in the spot market.
Restricted arrivals from producing region also supported the uptrend in potato futures prices.
At the Multi Commodity Exchange, April potato spurted by Rs 29.10, or 3%, to Rs 998.20 per quintal in business turnover of 67 lots.
The March contract moved up by Rs 24.10, or 2.73%, to Rs 908 per quintal in 512 lots.
Marketmen said increased buying by speculators due to pick-up in demand in the spot market amid restricted arrivals from producing region mainly led to rise in potato prices at futures market.
