Potato prices fell by Rs 2.60 or 0.55 per cent to Rs 473.20 per quintal in futures trading today on increased supply in physical markets against reduced offtake.
At the National Commodity and Derivative Exchange, potato for August contract declined by Rs 2.60, or 0.55 per cent to Rs 473.20 per quintal, with an open interest of 14,160 lots.
The potato for June contract also lost Rs 2.20, or 0.48 per cent to Rs 453.40 per quintal, with a business turnover of 24,030 lots.
Marketmen said increased supply in the physical markets against reduced offtake by speculators due to subdued demand pulled down the potato prices at futures trade.