Potato down 0.64% on fresh arrivals

Subdued demand contributes to downtrend

Potato prices fell by 0.64% to Rs 729 per quintal in futures trading today, following fresh arrivals from producing belts against subdued demand in the spot market.

At the Multi Commodity exchange, potato for delivery in October declined by Rs 4.70, or 0.64%, to Rs 729 per quintal in a single lot.

Market analysts said fresh arrivals from producing belts in the spot market amid slackened demand kept pressure on potato futures.