Potato prices fell by Rs 2.70 to Rs 430.50 per quintal in futures trade today as speculators offloaded their positions in line with a sluggish demand at the spot market.
Adequate stocks position in the physical market following increased arrivals from producing regions also put pressure on the potato prices.
At the Multi Commodity Exchange, potato for October delivery month declined by Rs 2.70, or 0.62% to Rs 430.50 per quintal in a business turnover of 42 lots.
The August contract shed Re 1, or 0.21% to Rs 471.70 per quintal in 131 lots.
Traders said fall in potato futures prices was due to off-loading of positions by speculators due to a sluggish demand at the spot market.