 "Potato up 1% on higher demand")
Potato prices rose for the second straight day by adding over 1% to Rs 955 per quintal in futures market today as speculators enlarged positions, driven by higher demand in the spot market.
At the Multi Commodity Exchange, potato for delivery in far-month April rose by Rs 9.70, or 1.03% to Rs 955 per quintal in business turnover of 29 lots.
Likewise, the potato for delivery in March gained Rs 9.20,or 0.96% to Rs 965 per quintal in 139 lots.
Analysts said besides higher demand in the spot market, decline in arrivals from producing regions mainly pushed up potato prices at futures trade.
At the Multi Commodity Exchange, potato for delivery in far-month April rose by Rs 9.70, or 1.03% to Rs 955 per quintal in business turnover of 29 lots.
Likewise, the potato for delivery in March gained Rs 9.20,or 0.96% to Rs 965 per quintal in 139 lots.
Analysts said besides higher demand in the spot market, decline in arrivals from producing regions mainly pushed up potato prices at futures trade.
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