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Potato down 0.1% on increased supply

Potato for delivery in March traded lower by 0.13%

Press Trust of India New Delhi
In thin trade, potato prices declined by 0.13% to Rs 830 per quintal in futures trading today as speculators offloaded their positions on lower demand in the spot market.

Increased supplies from producing regions also put pressure on potato.

At the Multi Commodity Exchange, potato for delivery in March traded lower by Rs 1.10, or 0.13%, to Rs 830 per quintal in business turnover of 6 lots.

Market analysts said increased supplies from producing regions against lower demand in the spot market mainly led to decline in potato prices at futures trade.

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First Published: Oct 03 2013 | 12:35 PM IST

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