Potato futures prices today rose by 1.73% to Rs 1,464 per quintal, largely in tandem with a firming trend at the spot markets, on the back of the rising demand in view of festive season.
Weak output concerns due to poor rainfall in the producing regions supported the uptrend.
At the Multi Commodity Exchange, potato for delivery in October shot up by Rs 24.90, or 1.73%, to Rs 1,464 per quintal, clocking a business turnover of seven lots.
September potato moved up by Rs 11.80, or 0.88%, to Rs 1,353.60 per quintal, with a business volume of 11 lots.
Market analysts said fresh positions created by traders, tracking a firm trend at the spot market on strong demand, driven by the ongoing festive season, led to the rise in potato prices at the futures market.
