Potato prices fell by Rs 12.10 to Rs 454.10 per quintal in futures trade today as speculators offloaded their positions, driven by reduced offtake in the spot market.
At the Multi Commodity exchange, potato for delivery in August fell by Rs 12.10, or 2.60%, to Rs 454.10 per quintal, with a business volume of 57 lots.
The September contract shed Rs 11.70, or 2.65%, to Rs 428.30 per quintal, with a turnover of 210 lots.
October potato lost Rs 10, or 2.29%, to Rs 425.10 per quintal, with a trading volume of 151 lots.
Fall in potato prices was mostly due to offloading of positions by speculators, driven by subdued demand in the spot market, traders said.