Potato prices fell further by Rs 7.60 to Rs 587 per quintal in futures trade today, on profit-booking and subdued demand at the spot market.
Adequate stock positions at spot markets following increased arrivals from producing regions also put pressure on the potato prices at futures market.
At the Multi Commodity Exchange, potato for delivery in March month contract declined by Rs 7.60, or 1.27 per cent to Rs 587 per quintal, with trading volume of 296 lots.
The potato for delivery in April month contract traded lower by Rs 7.20, or 1.23 per cent to Rs 575 per quintal in business volume of 47 lots.
October month delivery eased by Rs 7.20 or 1.22 per cent to Rs 580.20 per quintal in trading volume of 205 lots.
Traders said speculators booking profits at existing higher levels and weakening trend at the spot market led to the decline in potato prices at futures trade.
