Potato down by 0.4% on increased supply

Potato prices weakened by 0.42% to Rs 802.50 per quintal in futures trade today on increased supplies from producing region against sluggish demand.

At the Multi Commodity Exchange, potato for delivery in March fell by Rs 3.40 or 0.42% to Rs 802.50 per quintal in business turnover of 7 lots.

Market analysts said supplies from producing regions against sluggish demand in the spot market mainly kept pressure on potato prices at futures trade.