Potato prices recovered by Rs 8.20 to Rs 504 per quintal in futures trade today as speculators created fresh positions on the back of pick-up in demand against less arrivals.
At the Multi Commodity Exchange, potato for delivery in July gained by Rs 8.20, or 1.65% to Rs 504 per quintal with a trading volume of 276 lots.
Similarly, the potato for delivery in June rose by Rs 6.60, or 1.23% to Rs 542 per quintal, with a business turnover of 558 lots.
Its prices for May delivery also rose by Rs 2.30, or 0.39% to Rs 590 per quintal, with trade volume of 653 lots.
Traders said fresh buying by speculators on hopes of pick-up in spot market demand led to rise in potato futures prices.
Less arrivals in the physical market also supported the uptrend, they added.
