Potato futures weaken 0.13 pc on higher supply pressure

Potato prices fell by 0.13 per cent to Rs 1,177.50 per quintal in futures trade today due to higher supplies from producing regions.

At the Multi Commodity Exchange, potato for delivery in March declined by Rs 1.50, or 0.13 per cent, to Rs 1,177.50 per quintal in a business turnover of 9 lots.

The potato for delivery in April shed Rs 1.10, or 0.09 per cent, to Rs 1,193.60 per quintal in 40 lots.

Analysts attributed the weakness in potato futures to higher supplies from producing regions.