Potato prices rose by Rs 17.90, or 3.00 per cent, to Rs 615.10 per quintal in futures market today, as traders enlarged their positions on pick up in spot market demand ahead of festive season.
Restricted supply from producing regions also supported the uptrend.
At the Multi Commodity Exchange counter, potato for April contract gained Rs 17.90, or three per cent, to Rs 615.10 per quintal, with a trading volume of 15 lots.
Potato for October-month contract traded higher by Rs 15.90, or three per cent, to Rs 545.80 per quintal, with a business volume of 225 lots, while March delivery was up by 17.90, or three per cent, to Rs 614.90 per quintal, with a business volume of 322 lots.
Marketmen said increased buying by speculators on pick up in demand in the spot market ahead of festive season led to a rise in potato prices at futures trade.
They said restricted arrivals from the producing belts in Haldwani and Agra also influenced the trading sentiment to some extent.
