Potato prices fell further by Rs 15.30 to Rs 639.10 per quintal in futures trade today on profit booking amid subdued spot demand.
Adequate stocks position at physical market 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 May declined by Rs 15.30, or 2.33%, to Rs 639.10 per quintal with a business volume of 561 lots.
The potato for delivery in April traded lower by Rs 12.90, or two%, to Rs 630 per quintal, with a business volume of 713 lots.
Likewise, potato futures for delivery in March fell by Rs 4.10, or 0.56%, to Rs 727 per quintal, with an open interest of 17 lots.
Traders attributed the decline in potato futures prices to profit booking by speculators at existing higher levels in tandem with a weakening trend at the spot market.
