Potato prices rose 3% to Rs 434.80 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 October was up by Rs 12.70, or 3%, to Rs 434.80 per quintal, with a trading volume of 234 lots.
September potato gained Rs 11.70, or 2.70%, to Rs 443.50 per quintal, with a business volume of 269 lots.
The August contract rose by Rs 8.90, or 1.93%, to Rs 469.20, with an open interest of 26 lots.
Analysts said increased buying by traders and speculators on pick-up in the spot market demand mainly led to the rise in potato prices at futures trade.
They added that restricted supply from producing regions in Agra and Haldwani also supported the uptrend.
