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Potato extended gains for the second straight day and prices shot up by another 1.32% in futures trading today as speculators enlarged positions, tracking a firm trend at spot market on increased demand.
At the Multi Commodity Exchange, potato for delivery in March shot up by Rs 12.70, or 1.32%, to Rs 971.90 per quintal in business turnover of 123 lots.
The potato for delivery in May also traded higher by Rs 11.80, or 1.23%, to Rs 972 per quintal in 3 lots.
Analysts said speculators enlarged their positions, tracking a firm trend at spot market on increased demand against tight supplies from producing regions mainly led an upsurge in potato prices at futures trade.
