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Potato down over 1% on subdued demand

Potato for delivery in March declined by 0.91%

Press Trust of India New Delhi
Potato prices fell by Rs 9.30 to Rs 786 per quintal today as speculators offloaded their positions due to low demand in the spot market.

At the Multi Commodity exchange, potato prices for September delivery fell by Rs 9.30, or 1.16%, to Rs 786 per quintal, with a trade volume of just one lot.

The potato for delivery in March also declined by Rs 7.50, or 0.91%, to Rs 810.10 per quintal, with a business turnover of one lot.

Analysts said offloading of positions by speculators amid low demand in the spot market, mainly put pressure on potato prices at futures trade.

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First Published: Sep 10 2013 | 1:18 PM IST

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