Potato futures prices rose by Rs 6.10 to Rs 636.40 per quintal today on fresh holdings created by the traders, tracking the rise in demand in the spot market on account of the ongoing marriage season.
Restricted supply from producing regions also supported the uptrend.
At the Multi Commodity Exchange, March potato gained Rs 6.10, or 0.96%, to Rs 636.40 per quintal, with a trading volume of 222 lots, April delivery prices rose by Rs 5.40, or 0.88%, to Rs 613.90 per quintal, with a business volume of 50 lots.
The May contract also traded higher by Rs 4.90, or 0.77%, to Rs 637 per quintal, with a trading turnover of six lots.
Marketmen said increased buying by speculators on pick-up in demand in the spot market mainly led to the rise in potato prices at futures trade.
They said fresh holdings were created by the traders tracking the rise in the demand in the spot market on account of the ongoing marriage season.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app