Potato prices rose by 1.66% to Rs 439 per quintal in futures trade today as traders enlarged their positions on pick-up in spot market demand.
At the Multi Commodity Exchange, potato for delivery in August rose by Rs 7.20, or 1.66% to Rs 439 per quintal, with a trading volume of 273 lots.
The potato for June delivery traded higher by Rs 5.60, or 1.07% to Rs 526 per quintal, with a business volume of 191 lots.
Likewise, prices for July delivery moved up by Rs 4.80, or 1.01% to Rs 478.80 per quintal in 173 lots.
Market analysts said increased buying by speculators on pick-up in demand in the spot markets mainly led to a rise in potato prices at futures.
They said restricted arrivals from producing belts also influenced the trading sentiment to some extent.
