Potato futures prices fell by Rs 3.50, or 0.73 per cent, to Rs 478.50 per quintal today, as speculators offloaded their positions, driven by less offtake in the spot market.
At the Multi Commodity Exchange, potato for July contract fell by Rs 3.50, or 0.73 per cent, to Rs 478.50 per quintal, with a business volume of 96 lots.
The potato for delivery in August contract eased by Rs 3.10, or 0.63 per cent, to Rs 486.10 per quintal, with a turnover of 65 lots, while September contract also traded marginally lower by Rs 3.10, or 0.63 per cent, to Rs 491.20 per quintal, with a trading volume of 68 lots.
Continued fall in potato prices was due to offloading of positions by speculators, driven by subdued demand in the spot market, traders said.
