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Potato prices rose by Rs 9.40 to Rs 772.80 per quintal in futures trade today as speculators enlarged their positions on pick-up in spot demand amid tight supply.
At the Multi Commodity Exchange, potato for August contract rose by Rs 9.40, or 1.23%, to Rs 772.80 per quintal with trading volume of 55 lots.
Potato prices for July contract also increased by Rs 6.30, or 0.77%, to Rs 823 per quintal with a business volume of 142 lots.
Marketmen said increased buying by traders and speculators on pick-up in demand in the spot market, mainly led to the rise in potato prices at futures trade.
They said restricted arrivals from producing belts in UP, Punjab, MP and West Bengal also influenced the trading sentiment to some extent.
