Potato prices declined by Rs 9.60 to Rs 534.20 per quintal in futures trade today as speculators offloaded their positions, driven by a subdued demand in the spot market.
Adequate stocks in the physical market following increased arrivals from producing regions also put pressure on the potato prices.
At the Multi Commodity Exchange, October potato contract fell by Rs 9.60 or 1.76% to Rs 534.20 per quintal in 396 lots.
The September contract declined by Rs 5.70 or 1.12% to Rs 501.10 per quintal with a business volume of 213 lots.
Traders said fall in potato futures prices is due to off-loading of positions by speculators amid increased arrivals from producing regions.