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Potato down 0.41% on increased supply

Speculators offloaded their positions amid increased supplies in the local markets from producing belts

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 6:29 AM IST

Potato prices fell by 0.41%, to Rs 704.40 per quintal in futures market today as speculators offloaded their positions amid increased supplies in the local markets from producing belts.

At the Multi Commodity Exchange, The April contract declined by Rs 2.90, or 0.41%, to Rs 704.40 per quintal in a business turnover of just one lot.

The March contract shed Rs 1.30, or 0.18%, to Rs 730 per quintal in a trade volume of 14 lots.

Market analysts attributed the fall in potato futures prices to increased supplies from  producing regions and low demand in the domestic markets.

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First Published: Nov 29 2012 | 1:27 PM IST

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