 "Potato extends gains, up 0.4% on strong demand")
Potato prices extended gains for the second day by adding 0.40 per cent to Rs 1037.20 per quintal in futures trading today as speculators enlarged positions on upsurge in demand in the spot market.
Restricted arrivals from producing regions also supported the uptrend in potato.
At the Multi Commodity Exchange, potato for delivery in March rose further by Rs 4.10, or 0.40 per cent to Rs 1037.20 per quintal in business turnover of 117 lots.
Analysts said speculators enlarged positions on upsurge in demand in the spot market mainly helped potato prices to gain for the second day at futures trade.
Restricted arrivals from producing regions also supported the uptrend in potato.
At the Multi Commodity Exchange, potato for delivery in March rose further by Rs 4.10, or 0.40 per cent to Rs 1037.20 per quintal in business turnover of 117 lots.
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The April contract added Rs 4, or 0.38 per cent to Rs 1046.20 per quintal in 67 lots.
Analysts said speculators enlarged positions on upsurge in demand in the spot market mainly helped potato prices to gain for the second day at futures trade.