Potato continued its slide for the second straight day as prices fell by Rs 12.90 to Rs 1,172 per quintal in futures trading today on increased arrivals from producing regions against reduced offtake.
At the Multi Commodity Exchange, the June delivery fell by Rs 12.90, or 1.09%, to Rs 1,172 per quintal, with a business volume of 24 lots.
The May contract also declined by Rs 7.80, or 0.72%, to Rs 1,073.90 per quintal, with a business volume of 90 lots.
Market analysts said the persistent fall in potato futures was due to mounting stocks following increased arrivals from producing regions.
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