Potato prices shot up by Rs 18.30 to Rs 478 per quintal in futures trading today, as speculators enlarged their positions on rising domestic and exports demand.
Restricted supply from producing regions due to fall in arrivals due to ongoing heavy rains also boosted the market sentiment.
At the Multi Commodity Exchange, potato for October month jumped up by Rs 18.30 or 3.98 per cent to Rs 478 per quintal, with an open interest of 1,755 lots.
The potato for delivery in September month also gained by Rs 1.90 or 0.44 per cent to Rs 430.80 per quintal in 377 lots.
Market analysts said speculators enlarged positions on rising domestic and exports demand against restricted arrivals from producing regions due to heavy rains at futures trade.
