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Potato plunges 1.37% on adequate supply

Subdued demand also dragged prices

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Press Trust of India New Delhi

Potato prices plunged by Rs 18.50 to Rs 1,335 per quintal in futures trade today on adequate supplies following increased arrivals from producing regions against subdued demand.

At the MCX, potato for delivery in September plunged by Rs 18.50, or 1.37%, to Rs 1,335 per quintal, with a business turnover of nine lots.

The July contract traded lower by Rs 10.20, or 0.87%, to Rs 1,163 per quintal, with a business turnover of 43 lots.

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First Published: Jun 22 2012 | 1:48 PM IST

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