Potato futures down 0.76% on weak demand

Potato futures down 0.76% on weak demand

BureauUpdated: Saturday, June 01, 2019, 12:12 PM IST
article-image

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.

RECENT STORIES

Top Firms Lose Rs 2.51 Lakh Crore In Market Value, Reliance Industries Hit The Hardest
Top Firms Lose Rs 2.51 Lakh Crore In Market Value, Reliance Industries Hit The Hardest
Q3 Earnings, US Fed Rate Decision To Guide Markets, Budget 2026 Likely To Set Direction
Q3 Earnings, US Fed Rate Decision To Guide Markets, Budget 2026 Likely To Set Direction
Adani Makes First Filing In US Court, Signals Talks With SEC Over Fraud Charges
Adani Makes First Filing In US Court, Signals Talks With SEC Over Fraud Charges
Trump Threatens Canada With 100% Tariffs, Warns Against Trade Deal With China
Trump Threatens Canada With 100% Tariffs, Warns Against Trade Deal With China
Economic Survey: Full Report Card Of The Economy Before Budget 2026, All You Need To Know
Economic Survey: Full Report Card Of The Economy Before Budget 2026, All You Need To Know