Don’t miss the latest developments in business and finance.

Potato futures down on increased supplies

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:13 PM IST

In restricted activity, potato prices fell by Rs 11.70 to Rs 476.50 per quintal in futures trade today as traders off-loaded their positions, on the back of a weak spot market trend.

At the Multi Commodity Exchange, potato for delivery in June fell by Rs 11.70, or 2.40%, to Rs 476.50 per quintal, with a business turnover of 117 lots.

Market analysts said adequate stocks position following increased arrivals from the producing regions in the physical market against subdued demand mainly pulled down potato futures prices.

Also Read

First Published: Jun 13 2011 | 2:04 PM IST

Next Story