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Potato prices rose Rs 9.70 to Rs 572.80 per quintal at the futures trade today as speculators enlarged their positions on pick-up in spot market demand amid low stocks.
Restricted supply from the producing regions also supported the uptrend.
At the Multi Commodity Exchange, potato for June contract rose Rs 9.70 or 1.72 per cent to Rs 572.80 per quintal with a business volume of 222 lots.
Likewise, May contract traded higher by Rs 6.60 or 1.13 per cent to Rs 585.90 per quintal with a business volume of 294 lots, while April delivery soared by Rs 4.50 or 0.71 per cent to Rs 632 per quintal with a business volume of 228 lots.
Marketmen said increased buying by traders and speculators on pick-up in demand at the spot market mainly led to rise in potato prices at the futures trade. They said restricted arrivals from the producing belts also influenced the trading sentiment to some extent.
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