Potato down 0.2% on increased supply

Subdued demand in the spot market put pressure on the prices

Potato prices declined by 0.29% to Rs 804.60 per quintal in futures trading today after speculators trimmed positions amid increased supplies from producing regions.

Besides, subdued demand in the spot market also put pressure.

At the Multi Commodity Exchange, potato for delivery in March softened by Rs 2.30, or 0.29% to Rs 804.60 per quintal in business turnover of 21 lots.

Market analysts attributed the fall in potato futures to the increased supplies from producing regions against low demand in the spot market.