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Potato prices fell by 1.57% to Rs 841 per quintal in futures trading today as speculators reduced positions, supported by a subdued demand in the spot market against adequate positions.
At the Multi Commodity Exchange, potato for delivery in July fell by Rs 13.40, or 1.57% to Rs 841 per quintal in business turnover of 5 lots.
The potato for delivery in August contract shed Rs 7.10, or 0.88% to Rs 796.70 per quintal in 22 lots.
Market experts said speculators reduced their holdings on the back of subdued demand in the spot market against adequate stocks availability following increased arrivals from producing belts mainly kept pressure on potato prices at futures trade.
