Potato futures prices fell by Rs 9.40, or 2.06 per cent, to Rs 447.20 per quintal today, on less offtake of stocks and adequate holdings in the spot market.
Increased arrivals from the producing regions also weighted on the prices. At the Multi Commodity exchange platform, potato for September contract fell by Rs 9.40, or 2.06 per cent, to Rs 447.20 per quintal, with a business volume of 182 lots.
The potato for delivery in August contract declined by Rs 7.50, or 1.65 per cent, to Rs 447.20 per quintal, with a turnover of 117 lots, while July contract also traded lower by Rs 4.70, or 1.04 per cent, to Rs 445.90 per quintal, with a trading volume of 17 lots.
Continued fall in potato prices was due to offloading of positions by speculators, driven by subdued demand in the spot market, traders said.
