Potato prices fell by 1.53% to Rs 721.50 per quintal in futures trade today on adequate stocks against less demand.
Increased supplies in the physical market following persistent arrivals from producing region against lower demand led to the fall in potato prices, traders said.
At the Multi Commodity Exchange, potato for delivery in April fell by Rs 11.20, or 1.53%, to Rs 721.50 per quintal, with a business volume of 57 lots.
Likewise, potato for delivery in May lost Rs 10.50, or 1.37%, to Rs 754 per quintal, with an open interest of 126 lots.
Traders said the fall in potato futures prices was mainly due to increased supplies in the physical market against lower demand.
