Potato prices fell by Rs 29.80 to Rs 1,330 per quintal in futures trade today as speculators locked-in gains amid lower domestic demand.
Increased supplies in the physical market from producing regions also led to the fall in potato prices.
At the Multi Commodity Exchange, potato for September delivery fell by Rs 29.80, or 2.19%, to Rs 1,330 per quintal, with business volume of 127 lots.
August potato slipped by Rs 24.20, or 1.86%, to Rs 1,274 per quintal with a trading volume of 26 lots.
Marketmen said fall in potato prices was mostly due to profit-booking by the traders and fall in demand amid increased arrivals from growing regions such as UP, Punjab and Madhya Pradesh.
