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Potato futures fall on adequate supply

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 9:33 PM IST

Potato prices fell by Rs 6.40 to Rs 614.50 per quintal in futures trade today on adequate stocks position against sluggish demand in the spot market.

At the Multi Commodity Exchange, potato for delivery in May fell by Rs 6.40, or 1.03% to Rs 614.50 per quintal, with a business turnover of two lots. 

The potato for delivery in June also shed Rs 2, or 0.35% to Rs 569.10 per quintal, with a trade volume of a single lot. 

Market analysts said adequate stocks position following increased arrivals from producing regions in tandem with sluggish demand led to the fall in potato futures prices.

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First Published: May 05 2011 | 1:32 PM IST

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