Potato prices rose by 3.91% to Rs 1,169.50 per quintal in futures trade today as traders enlarged their positions on pick-up in spot market demand for the ongoing marriage season.
Sentiment improved further on restricted arrivals from producing regions.
At the Multi Commodity Exchange, the May delivery rose by Rs 44.10, or 3.91%, to Rs 1,169.50 per quintal, with a trading volume of 658 lots.
The April potato traded higher by Rs 29.30, or 2.85%, to Rs 1,054.90 per quintal, with a business volume of 766 lots.
The March delivery rose by Rs 15, or 1.66%, to Rs 917 per quintal, with a business volume of 298 lots.
Marketmen said increased buying by speculators on pick-up in spot market demand mainly led to the rise in potato prices at futures trade.
They said restricted arrivals from producing belts in Uttar Pradesh, Punjab, Madhya Pradesh, and West Bengal also influenced the trading sentiment in futures trade.
