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Snapping its three-day losing streak, potato prices recovered by 0.82% to Rs 978.50 per quintal in futures trading today as speculators indulged in creating fresh positions after demand picked up in the spot market.
At the Multi Commodity Exchange, potato prices for delivery in March recovered by Rs 8, or 0.82%, to Rs 978.50 per quintal in business turnover of 69 lots.
The potato for delivery in April moved up by Rs 7, or 0.73% to Rs 967 per quintal in 16 lots.
Analysts said speculators built up fresh positions driven by surge in demand in the spot market mainly, attributed recovery in potato prices at futures trade.
