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Potato futures down on adequate supply

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

Potato prices fell by Rs 6.80 to Rs 454 per quintal in futures trade today due to sluggish demand against adequate stocks position in spot market.

At the Multi Commodity Exchange, potato for August delivery fell by Rs 6.80, or 1.48%, to Rs 454 per quintal, with a business turnover of 120 lots.

July delivery also lost Rs 6.40, or 1.30%, to Rs 485.60 per quintal, with an open interest of 278 lots.

Market analysts said sluggish demand against adequate stocks position following increased arrivals from the producing belts mainly put pressure on the prices.

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First Published: Jun 22 2011 | 2:29 PM IST

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