 "Potato down 1.5% on adequate stocks, low demand")
Potato prices fell by 1.58% to Rs 1,082.10 per quintal in futures trade today as speculators offloaded their positions due to low demand in spot markets.
The trading sentiment weakened further as a result of easy availability of potato in the spot markets following fresh arrivals from producing regions.
At the Multi Commodity Exchange, potato prices for April contract fell by Rs 17.40, or 1.58%, to Rs 1,082.10 per quintal, with a business volume of 108 lots.
Market experts said traders offloaded their holdings at existing higher levels, tracking a weak spot market trend on fresh supplies mainly pulled down potato prices.
The trading sentiment weakened further as a result of easy availability of potato in the spot markets following fresh arrivals from producing regions.
At the Multi Commodity Exchange, potato prices for April contract fell by Rs 17.40, or 1.58%, to Rs 1,082.10 per quintal, with a business volume of 108 lots.
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The potato for delivery in March declined by Rs 15.70, or 1.46%, to Rs 1,056.10 per quintal, with a trading volume of 132 lots.
Market experts said traders offloaded their holdings at existing higher levels, tracking a weak spot market trend on fresh supplies mainly pulled down potato prices.