Business Standard

Tuesday, January 07, 2025 | 02:24 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Potato declines on adequate supply

Sluggish demand in the spot market also dragged prices

Image

Press Trust of India New Delhi

Potato prices shed 0.95% to Rs 1,134 per quintal in futures trading today on adequate supplies following increased arrivals from the producing regions against sluggish demand.

At the MCX, potato for delivery in July declined by Rs 10.90, or 0.95%, to Rs 1,134 per quintal, with a business turnover of 13 lots.

The June contract lost Rs 8.90, or 0.81%, to Rs 1,086.50 per quintal, with an open interest of 16 lots.

Marketmen said fall in potato prices was mostly due to adequate stocks following increased arrivals from producing regions in the physical market against subdued demand.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 25 2012 | 2:37 PM IST

Explore News