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Potato futures declines on sluggish demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:17 AM IST

Potato prices declined by Rs 1.30 to Rs 492.90 per quintal in futures trading today owing to sluggish demand against adequate stocks position in the spot market.

At the Multi Commodity Exchange, potato for delivery in July declined by Rs 1.30, or 0.26%, to Rs 492.90 per quintal, with a business turnover of 50 lots. 

The potato for delivery in August also traded lower by 60 paise, or 0.13%, to Rs 455 per quintal in 38 lots.  

Market analysts said sluggish demand against adequate stocks position mainly led to fall in potato prices at futures trade.

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First Published: Jun 27 2011 | 2:02 PM IST

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