Amid strong demand in the spot market and tight supplies from producing regions, potato prices surged by 1.54% to Rs 898 per quintal in futures trading today.
At the Multi Commodity Exchange, potato for delivery in March month surged by Rs 13.60, or 1.54%, to Rs 898 per quintal in business turnover of 92 lots.
The potato for delivery in April also shot up by Rs 11.90, or 1.40%, to Rs 861.90 per quintal in 3 lots.
Analysts said besides strong demand in the spot market due to festive season, tight supplies following restricted arrivals from producing regions mainly pushed up potato prices at futures trade.