 "Potato down 0.6% on increased supply")
Potato prices declined by 0.65% to Rs 1,170 per quintal in futures trading today as speculators offloaded their positions on increased arrivals from producing regions.
At the Multi Commodity Exchange, potato for delivery in April declined by Rs 7.60, or 0.65%, to Rs 1,170 per quintal in a business turnover of 38 lots.
Potato for delivery in March also traded lower by Rs 5.10, or 0.44%, to Rs 1,153.90 per quintal in 56 lots.
Marketmen said offloading of positions by speculators on increased arrivals from growing belts against subdued demand, mainly pulled down potato prices at futures trade.
At the Multi Commodity Exchange, potato for delivery in April declined by Rs 7.60, or 0.65%, to Rs 1,170 per quintal in a business turnover of 38 lots.
Potato for delivery in March also traded lower by Rs 5.10, or 0.44%, to Rs 1,153.90 per quintal in 56 lots.
Marketmen said offloading of positions by speculators on increased arrivals from growing belts against subdued demand, mainly pulled down potato prices at futures trade.