 "Potato down 1.2% on higher supply")
Potato prices fell by 1.21% to Rs 1,433 per quintal in futures trading today as speculators offloaded their positions, triggered by higher supplies from producing regions.
At the Multi Commodity Exchange, potato for delivery in June fell by Rs 17.60, or 1.21% to Rs 1,433 per quintal in business turnover of 164 lots.
Similarly, the potato for delivery in May lost Rs 15.10, or 1.11% to Rs 1,351 per quintal in 119 lots.
Analysts said fall in potato prices was mostly due to offloading of positions by speculators, triggered by higher supplies from producing region against lower demand in the spot markets.
At the Multi Commodity Exchange, potato for delivery in June fell by Rs 17.60, or 1.21% to Rs 1,433 per quintal in business turnover of 164 lots.
Similarly, the potato for delivery in May lost Rs 15.10, or 1.11% to Rs 1,351 per quintal in 119 lots.
Analysts said fall in potato prices was mostly due to offloading of positions by speculators, triggered by higher supplies from producing region against lower demand in the spot markets.
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