Potato prices fell for the fifth day by losing Rs 5.50 to Rs 714.20 per quintal in futures market today as traders offloaded their positions due to low demand in the domestic markets.
The trading sentiment weakened further as a result of easy availability in the physical markets following fresh arrivals from producing regions in Punjab and Uttar Pradesh.
At the Multi Commodity Exchange, the March contract fell by Rs 5.50, or 0.76%, to Rs 714.20 per quintal with a business volume of 50 lots.
The April delivery declined by Rs 4.10, or 0.59%, to Rs 685.60 per quintal in just 3 lots.
Market experts said traders offloaded their holdings at existing higher levels tracking a weak spot market trend mainly kept potato prices down for the fifth straight day.
