Potato prices fell by Rs 5.50, or 1.31 per cent, to Rs 414.40 per 100 kg in futures trade today on the back of reduced offtake by speculators and stockists.
Adequate stocks position followed by increased arrivals from the producing regions also put pressure on the prices.
At the Multi Commodity Exchange counter, potato for delivery in September-month fell by Rs 5.50, or 1.31 per cent, to Rs 414.40 per 100 kg, with a trading volume of 555 lots, while August contract declined by Rs five, or 1.20 per cent, to Rs 412 per 100 kg, with an open interest of 454 lots.
Similarly, the commodity for October contract eased by Rs 4.90, or 1.16 per cent, to Rs 417.50 per 100 kg, clocked a business volume of 263 lots.
Marketmen said increased supply from Haldwani and Agra, against sluggish demand mainly led to a fall in potato prices at futures market.
