 "Potato down more than 1% on subdued demand")
Potato prices fell by Rs 11.50 to Rs 879.80 per quintal in futures trade today as speculators offloaded their positions driven by subdued demand in the spot market.
Increased supplies in the physical market from producing regions against lower demand led to the fall in potato prices.
At the Multi Commodity Exchange (MCX), the July contract fell by Rs 11.50, or 1.29%, to Rs 879.80 per quintal in 28 lots.
Marketmen said fall in potato prices was mostly due to offloading of positions by speculators, driven by subdued demand in the spot market.
Increased supplies in the physical market from producing regions against lower demand led to the fall in potato prices.
At the Multi Commodity Exchange (MCX), the July contract fell by Rs 11.50, or 1.29%, to Rs 879.80 per quintal in 28 lots.
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The June contract slipped by Rs 10.10, or 1.07%, to Rs 932.50 per quintal in 41 lots.
Marketmen said fall in potato prices was mostly due to offloading of positions by speculators, driven by subdued demand in the spot market.