Potato prices rose by Rs 5.40 to Rs 723 per quintal in the futures market today as speculators enlarged their positions, influenced by strong demand in the spot market due to the ongoing marriage season.
Restricted arrivals from producing regions also supported the uptrend.
At the Multi Commodity Exchange, potatoes for March contract delivery rose by Rs 5.40, or 0.75 per cent, to Rs 723 per quintal in a single lot.
Similarly, potatoes for April contract delivery also gained Rs 2.60, or 0.37 per cent, with an open interest for two lots.
Market analysts said increased buying by speculators on the back of rising demand in the spot market due to the ongoing marriage season mainly pushed up potato futures prices.
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