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Potato futures prices surged by 3.87% to Rs 1,110 per quintal today, on increased spot demand against restricted arrivals from producing regions.
Sentiment improved further as the traders enlarged their holdings on account of a surge in the demand for the commodity in the physical market.
At the Multi Commodity Exchange, potato for delivery in April rose by Rs 41.40, or 3.87%, to Rs 1,110 per quintal, with trading volume of 219 lots.
The potato for delivery in March also moved up by Rs 23.30, or 2.20%, to Rs 1,078.90 per quintal, with a trade volume of 498 lots.
Analysts said increased demand in the spot market against tight supplies from producing regions mainly pushed up potato prices at futures trade.
