Potato prices fell by 0.85% to Rs 452.70 per quintal in futures trade today as speculators offloaded their positions, driven by subdued spot market demand.
Adequate stocks in the physical market following increased arrivals from producing regions also put pressure on the prices. At the Multi Commodity Exchange, October potato fell by Rs 3.90, or 0.85%, to Rs 452.70 per quintal, with a trading volume of 474 lots.
The March contract eased by Rs 2.50, or 0.38%, to Rs 639 per quintal, with a business volume of 19 lots.
Traders said fall in potato futures prices was due to off-loading of positions by speculators amid increased arrivals from the producing regions.