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Potato down 0.8% on sluggish demand

The potato for delivery in July contracts traded lower by 0.39%

Press Trust of India New Delhi
Potato prices fell by 0.80% to Rs 807 per quintal in futures market today as speculators offloaded positions amid sluggish demand in the spot market.

At the Multi Commodity Exchange, potato for delivery in August month fell by Rs 6.50, or 0.80% to Rs 807 per quintal in business turnover of 35 lots.

The potato for delivery in July contracts traded lower by Rs 3.30, or 0.39%.

Marketmen said fall in potato prices was mostly due to stockists offloading positions, triggered by subdued demand in the spot market.

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First Published: Jun 20 2013 | 12:24 PM IST

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