Potato prices fell by Rs 7.50 to Rs 742.70 per quintal in futures trade today as speculators offloaded their positions, driven by less offtake in the spot market.
At the Multi Commodity Exchange, potato for delivery in May fell by Rs 7.50, or one per cent, to Rs 742.70 per quintal, with a business volume of 156 lots.
The potato futures prices for delivery in April eased by Rs 6.80, or 0.95 per cent, to Rs 706.50 per quintal, with a business volume of 294 lots.
Similarly, potato for delivery in March also traded lower by Rs 5.80, or 0.79 per cent, to Rs 724 per quintal, with an open interest of 617 lots.
Traders attributed the fall in potato prices to offloading of positions by speculators, driven by subdued demand in the spot market.
