 "Potato down 1.5% on subdued demand")
Potato prices moved down by 1.51% to Rs 685 per quintal in futures trading today as speculators offloaded their positions, driven by subdued demand in the spot market against adequate stocks position.
At the Multi Commodity Exchange, potato for delivery in September moved down by Rs 10.50, or 1.51%, to Rs 685 per quintal in business turnover of 53 lots.
The potato prices for August contract declined by Rs 8.60, or 1.17%, to Rs 728.70 per quintal in 67 lots.
Market experts said fall in potato prices was mostly due to offloading of positions by speculators, driven by subdued demand in the spot market against adequate stocks position.
At the Multi Commodity Exchange, potato for delivery in September moved down by Rs 10.50, or 1.51%, to Rs 685 per quintal in business turnover of 53 lots.
The potato prices for August contract declined by Rs 8.60, or 1.17%, to Rs 728.70 per quintal in 67 lots.
Market experts said fall in potato prices was mostly due to offloading of positions by speculators, driven by subdued demand in the spot market against adequate stocks position.