Potato up 0.1% on good spot demand

Analysts said speculators enlarged their positions, supported by good demand in the spot market, influenced potato prices

Potato remained up for the second straight day and prices added 0.11% to Rs 880 per quintal in futures trade today as speculators enlarged positions supported by good demand in the spot market.

At the Multi Commodity Exchange, potato for delivery in March added Re 1, or 0.11%, to Rs 880 per quintal in business turnover of 5 lots.

Analysts said speculators enlarged their positions, supported by good demand in the spot market, mainly kept potato prices higher for the second day at futures trade.