Potato declines 0.9% on adequate supply

Potato futures for March declined by Rs 7.40, or 0.89%, to Rs 828.60 per quintal in 37 lots.

At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 5.40, or 0.65%, to Rs 822 per quintal in 19 lots.

Prices dropped as speculators offloaded positions, driven by subdued spot market demands against adequate supplies.

Besides, adequate stocks in the physical market following increased arrivals from producing regions, also weighed on the potato futures trade.