Potato moves up on NCDEX

Potato prices rose by Rs 17.20 to Rs 1,107 per quintal in futures trading today as traders increased their holdings, triggered by reports of a fall in production in the major growing areas.

At the MCX, potato for delivery in June rose by Rs 17.20, or 1.54%, to Rs 1,107 per quintal, with a business turnover of 86 lots.

The May contract also gained Rs 14.10, or 1.32%, to Rs 1,080.10 per quintal, with a business turnover of 25 lots.

Market analysts said traders increased their holdings on reports of a fall in production in the major growing areas mainly led to a rise in potato prices at futures.