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Potato prices moved up by Rs 18.10 to Rs 778 per quintal in futures trade today as speculators enlarged their positions amid rising demand in the spot market against restricted arrivals from producing belts.
At the Multi Commodity Exchange, potato for delivery in September moved up by Rs 18.10, or 2.38% to Rs 778 per quintal in business turnover of 341 lots.
The potato for delivery in August also went up by Rs 10.20, or 1.33% to Rs 778.90 per quintal in 113 lots.
Market analysts said apart from firm trend at spot market on rising demand, restricted arrivals from producing regions mainly pushed up potato prices at futures trade.
