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Potato down by 0.63%

Commodity for delivery in July declined by 0.50%

Press Trust of India New Delhi
Potato prices fell by 0.63% to Rs 1,324.60 per quintal in futures trade today as speculators offloaded their positions due to fresh arrivals from producing regions.

At the Multi Commodity Exchange, potato prices for June contract fell by Rs 8.40, or 0.63%, to Rs 1,324.60 per quintal, with a business volume of 21 lots.

The potato for delivery in July declined by Rs 6.90, or 0.50%, to Rs 1,362.60 per quintal, with a trading volume of 22 lots.

Marketmen said offloading of positions by speculators at existing higher levels amidst higher supplies in the spot markets, mainly pulled down potato prices.
 

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First Published: May 27 2014 | 3:10 PM IST

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