Potato down 0.4% on increased supply

Potato futures prices moved down by 0.44% to Rs 922 per quintal in futures trading today as speculators trimmed their positions, triggered by increased supplies from producing regions against subdued demand in the spot market.

At the Multi Commodity Exchange, potato for delivery in March moved down by Rs 4.10, or 0.44% to Rs 922 per quintal in business turnover of 124 lots.

Analysts attributed the fall in potato futures to offloading of positions by speculators, triggered by increased supplies from producing regions against subdued demand in the spot market.