Potato futures down 0.76% on weak demand

BureauUpdated: Saturday, June 01, 2019, 12:12 PM IST
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New Delhi: Potato prices fell by 0.76 per cent to Rs 1,314.50 per quintal in futures trade today as speculators offloaded positions on weak trend in spot markets.

At the Multi Commodity Exchange, potato for June delivery fell by Rs 10.20, or 0.76 per cent, to Rs 1,314.50 per quintal, with a business volume of 52 lots.

Similarly, potato for delivery in May traded lower by Rs 5.20, or 0.40 per cent, to Rs 1,270 per quintal, with a trade volume of seven lots.

Marketmen said the fall in potato prices was mostly due to subdued demand in the spot markets.

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