Potato down more than 1% on weak demand
Increased supplies in spot market affected the trade
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Potato futures for May fell by Rs 10.10, or 1.01%, to Rs 985 per quintal in 11 lots.
At the Multi Commodity Exchange (MCx), the June contract traded lower by Rs 5.90, or 0.63%, to Rs 926 per quintal in 12 lots.
Prices fell as speculators offloaded their positions driven by weak spot market trend.
Besides, increased supplies in the spot market from producing regions further pulled down the prices.
At the Multi Commodity Exchange (MCx), the June contract traded lower by Rs 5.90, or 0.63%, to Rs 926 per quintal in 12 lots.
Prices fell as speculators offloaded their positions driven by weak spot market trend.
Besides, increased supplies in the spot market from producing regions further pulled down the prices.
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First Published: May 13 2013 | 3:03 PM IST