 "Potato futures rise 3% as demand picks up")
Potato prices rose by 2.99% to Rs 802.20 per quintal in futures trade today as speculators created fresh positions, driven by increased buying in spot market amid fall in supplies.
At the Multi Commodity Exchange, potato for delivery in September rose by Rs 23.30, or 2.99%, to Rs 802.20 per quintal, with a business turnover of 187 lots.
The potato for delivery in August gained Rs 5.30, or 0.66%, to Rs 797 per quintal in 21 lots.
Marketmen said fresh buying by speculators following a rise in demand in the spot market against restricted arrivals from producing belts mainly helped potato futures to trade higher.
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