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Potato prices fell by 1.04% to Rs 806 per quintal in futures trading today as speculators reduced their positions, driven by a subdued demand in the spot market against adequate positions.
At the Multi Commodity Exchange, potato for delivery in August month slide by Rs 8.50, or 1.04% to Rs 806 per quintal in business turnover of 25 lots.
Likewise, the potato for delivery in July contracts declined by Rs 7.80, or 0.92% to Rs 844 per quintal in 7 lots.
Market analysts said speculators reduced their positions amid subdued demand in the spot market against adequate stocks position mainly kept pressure on potato prices at futures trade.
