Potato prices extended losses by falling Rs 3.20 to Rs 380.30 per quintal in futures trade today, as speculators offloaded their positions due to subdued demand in the spot market.
Adequate stocks position in the physical market, following increased arrivals from producing regions also put pressure on the potato futures prices.
At the Multi Commodity Exchange, October potato fell by Rs 3.20, or 0.83%, to Rs 380.30 per quintal, with a trading volume of 111 lots.
The March contract also shed Rs 2.50, or 0.39%, to Rs 636.80 per quintal, with a trade volume of 21 lots.
Traders said fall in potato futures prices was due to offloading of positions by speculators, amid increased arrivals from producing regions.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app