Potato prices rose by Rs 14.70 to Rs 537.80 per quintal in futures trade today as speculators enlarged their positions on the back of a pick-up in spot market demand amid low stock availability.
Restricted supply from producing regions also supported the uptrend.
At the Multi Commodity Exchange, October potato rose by Rs 14.70, or 2.81%, to Rs 537.80 per quintal, with a trading volume of 270 lots.
The September contract also rose by Rs 9.30, or 1.88%, to Rs 502 per quintal, with a trading volume of 189 lots.
Analysts said increased buying by traders and speculators on the back of a pick-up in demand in the spot market mainly led to rise in potato prices in futures trade.
They said restricted arrivals from producing belts also influenced the trading sentiment to some extent.
