Potato futures prices fell by Rs 9.30 to Rs 1,231 per quintal today as speculators offloaded their positions, driven by less offtake in the spot market.
Increased supplies in the physical market following persistent arrivals from producing region against lower demand led to the fall in potato prices.
At the MCX, potato for August contract fell by Rs 9.30, or 0.74%, to Rs 1,231 per quintal, with a business volume of 13 lots.
The potato prices for delivery in July also eased by Rs 8, or 0.68%, to Rs 1,154 per quintal, with a business volume of 12 lots.
Analysts said fall in potato prices was mostly due to offloading of positions by speculators, driven by subdued demand in the spot market.