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Potato down 1.4% on profit booking

Potato prices for delivery in August slipped by 1.38%

Press Trust of India New Delhi
Last Updated : Jul 04 2013 | 12:08 PM IST
Potato futures prices today fell by 1.47% to Rs 801.20 per quintal on profit booking by traders due to lower domestic demand.

Besides, increased supplies in the physical market from producing regions too dampened sentiments.

At the Multi Commodity Exchange, potato prices for July delivery fell by Rs 12, or 1.47%, to Rs 801.20 per quintal, with a business volume of seven lots.

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Potato prices for delivery in August slipped by Rs 10.60, or 1.38%, to Rs 752 per quintal, with a trading volume of 71 lots.

Marketmen said fall in potato prices was mostly due to profit booking by traders against increased supplies.

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First Published: Jul 04 2013 | 12:07 PM IST

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