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Potato futures weaken on subdued demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:58 PM IST

Potato prices weakened by Rs 1.90 to Rs 445.10 per quintal in futures trade today due to subdued demand in the spot market against adequate stocks position.

At the Multi Commodity Exchange, potato for September delivery weakened by Rs 1.90, or 0.43%, to Rs 445.10 per quintal, with a business turnover of 176 lots.  

Similarly,the potato for August delivery shed Rs 1.90, or 0.40%, to Rs 474.80 per quintal, with an open interest of 204 lots.

Market analysts said subdued demand against adequate stocks position helped potato prices to trade lower at futures market here.

 

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First Published: Jul 15 2011 | 2:06 PM IST

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