Potato prices moved down by Rs 4.40 to Rs 580.60 per quintal in futures trade today due to reduced offtake by traders against increased arrivals from the producing belts.
At the Multi Commodity exchange, potato for delivery in May shed Rs 4.40, or 0.75%, to Rs 580.60 A quintal, with a business turnover of a single lot.
The April contract lost Rs 3.10, or 0.50%, to Rs 612.40, with open interest of a single lot.
June potato lost Rs 2, or 0.35%, to Rs 568.80, with a business volume of seven lots.
Traders attributed the fall to a weakening trend in the spot markets following reduced offtake by traders against increased arrivals.