Potato futures prices rose by Rs 5.20 to Rs 430 per quintal today as traders enlarged their positions on pick up in spot market demand amid low stocks.
Restricted supply from producing regions also supported the uptrend.
At the Multi Commodity Exchange, potato for August contract rose by Rs 5.20, or 1.22%, to Rs 430 per quintal, with a trading volume of 64 lots.
Potato for July contract traded higher by Rs 4.60, or 0.96%, to Rs 478.90 per quintal, with a business volume of 21 lots, while June delivery was up by Rs 2.50, or 0.47%, to Rs 524.80 per quintal, with a business volume of 27 lots.
Market analysts 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 also influenced the trading sentiments to some extent.
