Less demand also influenced the price
Potato futures declined by Rs 2.80 to Rs 718.10 per quintal today.
At the Multi Commodity Exchange, the April contract dipped by Rs 2.80, or 0.39% to Rs 718.10 per quintal in 3 lots.
The March contract also traded lower by 20 paise, or 0.03% to Rs 763.10 per quintal in 46 lots.
Analysts said profit-booking by participants and fall in spot market demand kept pressure on potato futures.
Prices fell 40-45 per cent to 143 cents a pound, compared with 250-260 cents a pound in the first three months of 2012Arabica coffee prices, which ...