Potato prices traded lower by Rs 3, or 0.61 per cent, to Rs 486.20 per quintal in futures market today on reduced offtake by speculators and stockists due to fall in demand.
Adequate stocks position followed by increased arrivals from the producing regions also put pressure on the prices.
At the Multi Commodity Exchange platform, potato for delivery in September contract drifted by Rs 3, or 0.61 per cent, to Rs 486.20 per quintal, with an open interest of 730 lots.
The potato for delivery in July contract also lost Rs 1.40, or 0.29 per cent, to Rs 474.10 per quintal, with an open interest of 1,118 lots.
Marketmen said adequate stocks position, against sluggish demand mainly led to a fall in potato prices at futures trade here.