Business Standard

Potato extends gains on pick up in spot demand

Prices went up as traders enlarged their positions

Press Trust of India New Delhi
Potato futures for April gained Rs 6.10, or 0.61% to Rs 1,001 per quintal in a single lot. 

At the Multi Commodity Exchange (MCX), the May contract edged up by 60 paise, or 0.06% to Rs 1033 per quintal in 36 lots.

Prices went up as traders enlarged their positions on the back of rising spot market demand ahead of 'Navratras' festival.

Tight stocks in physical market on restricted arrivals from producing regions also supported the uptrend.

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First Published: Apr 10 2013 | 3:27 PM IST

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