 "Potato down 1.6% on subdued demand")
Potato futures prices today fell by 1.66% to Rs 745.50 per quintal in futures trade today as speculators offloaded their positions driven by subdued demand in the spot market.
Increased supplies in the physical market from producing region further influenced the trading sentiment.
At the Multi Commodity Exchange, potato prices for August delivery fell by Rs 12.60, or 1.66%, to Rs 745.50 per quintal, with a business volume of 61 lots.
Traders said fall in potato prices was mostly due to speculators offloading their positions driven by subdued demand against increased arrivals in the spot market.
Increased supplies in the physical market from producing region further influenced the trading sentiment.
At the Multi Commodity Exchange, potato prices for August delivery fell by Rs 12.60, or 1.66%, to Rs 745.50 per quintal, with a business volume of 61 lots.
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Potato for delivery in July slipped by Rs 5.30, or 0.65%, to Rs 799 per quintal, with a trading volume of four lots.
Traders said fall in potato prices was mostly due to speculators offloading their positions driven by subdued demand against increased arrivals in the spot market.