 "Potato down 0.2% on increased supply")
In restricted activity, potato prices moved down by 0.22% to Rs 893 per quintal in futures trade today as speculators offloaded positions on weak demand in the spot market.
Adequate stocks position in the physical market following increased supplies from producing regions also put pressure on potato.
At the Multi Commodity Exchange, potato for delivery in March declined by Rs 2, or 0.22%, to Rs 893 per quintal in a business turnover of 15 lots.
Market analysts said speculators offloaded their positions on weak demand in the spot market against increased supplies from producing regions, which mainly kept pressure on potato prices at futures trade.
Adequate stocks position in the physical market following increased supplies from producing regions also put pressure on potato.
At the Multi Commodity Exchange, potato for delivery in March declined by Rs 2, or 0.22%, to Rs 893 per quintal in a business turnover of 15 lots.
Market analysts said speculators offloaded their positions on weak demand in the spot market against increased supplies from producing regions, which mainly kept pressure on potato prices at futures trade.
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