 "Potato falls further on supply pressure")
Potato prices fell further by 1.55 per cent to Rs 1,347.10 per quintal in futures trade today as speculators offloaded positions, driven by increased supplies pressure from producing regions.
At the Multi Commodity Exchange, potato for delivery in June declined by Rs 21.20, or 1.55 per cent to Rs 1,347.10 per quintal in business turnover of 376 lots.
The potato for delivery in May contract also traded lower by Rs 5, or 0.59 per cent to Rs 1,316 per quintal in 110 lots.
Analysts said continued slide in potato prices was mostly due to increased supplies from producing regions against sluggish demand in the spot market.
At the Multi Commodity Exchange, potato for delivery in June declined by Rs 21.20, or 1.55 per cent to Rs 1,347.10 per quintal in business turnover of 376 lots.
The potato for delivery in May contract also traded lower by Rs 5, or 0.59 per cent to Rs 1,316 per quintal in 110 lots.
Analysts said continued slide in potato prices was mostly due to increased supplies from producing regions against sluggish demand in the spot market.