 "Potato hits daily lower limit, down 4%")
Potato futures for June fell by Rs 40, or 4%, to Rs 957.50 per quintal in 328 lots.
At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 27.60, or 3%, to Rs 891.70 per quintal in 426 lots.
With this Potato prices hit daily lower limit of 4%.
Increased supplies in physical market following fresh arrivals from producing regions also put pressure on the potato futures trade.
At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 27.60, or 3%, to Rs 891.70 per quintal in 426 lots.
With this Potato prices hit daily lower limit of 4%.
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Prices went down as speculators offloaded their positions driven by weak spot market trend.
Increased supplies in physical market following fresh arrivals from producing regions also put pressure on the potato futures trade.