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Potato plunges to daily lower limit of 4%

Increased supplies in the spot market further pulled down the prices

Press Trust of India New Delhi
Potato futures for March fell Rs 33.70, or 4%, to Rs 808.20 per quintal in 207 lots.

At the Multi Commodity Exchange (MCx), the April contract traded lower by Rs 33, or 4%, to Rs 792 per quintal in 127 lots.

Prices fell as speculators offloaded their positions, driven by  weak spot market trend.

Increased supplies in the spot market from producing regions further pulled down the prices. 

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First Published: Feb 25 2013 | 2:14 PM IST

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