 "Potato up 1.7% on fall in supply")
Potato futures prices rose 1.73% to Rs 801.90 per quintal in futures trade today as speculators enlarged positions driven by a rise in demand in the spot market.
At the Multi Commodity Exchange, potato prices for delivery in August contracts rose by Rs 13.60, or 1.73%, to Rs 801.90 per quintal in business turnover of 28 lots.
Potato prices for delivery in the July contract traded higher by Rs 7, or 0.84%, to Rs 844 per quintal in 37 lots.
Analysts said speculators created fresh positions, triggered by a rise in demand in the spot market amid fall in supplies from producing regions mainly led to rise in potato prices at futures trade.
At the Multi Commodity Exchange, potato prices for delivery in August contracts rose by Rs 13.60, or 1.73%, to Rs 801.90 per quintal in business turnover of 28 lots.
Potato prices for delivery in the July contract traded higher by Rs 7, or 0.84%, to Rs 844 per quintal in 37 lots.
Analysts said speculators created fresh positions, triggered by a rise in demand in the spot market amid fall in supplies from producing regions mainly led to rise in potato prices at futures trade.