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Potato down 1.22% on fresh arrivals

Low spot demand contributes to fall

Press Trust of India  |  New Delhi 

prices fell by 1.22% to Rs 1,327.80 per quintal in futures trading today as traders offloaded positions due to low demand in the spot market amid fresh arrivals from the producing belts.

At the Multi Commodity Exchange, for delivery in August fell by Rs 16.20, or 1.22%, to Rs 1,327.80 per quintal, with a business turnover of 15 lots.

September declined by Rs 17, or 1.20%, to Rs 1,399 per quintal in 24 lots.

Market experts said traders offloaded their positions due to low demand in the spot market against fresh arrivals from producing belts, putting pressure on futures.

First Published: Tue, July 31 2012. 14:05 IST
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