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

Silver's 200% Rally Shifts Near-Term Edge To Gold As Ratio Compresses: Motilal Oswal Report
Silver's 200% Rally Shifts Near-Term Edge To Gold As Ratio Compresses: Motilal Oswal Report
Centre Approves Wage & Pension Revisions For PSU Insurers, NABARD & RBI Retirees
Centre Approves Wage & Pension Revisions For PSU Insurers, NABARD & RBI Retirees
Sensex Drops 250 Points From Day’s High, Nifty Slips Below 25,300 As Selling Pressure Returns
Sensex Drops 250 Points From Day’s High, Nifty Slips Below 25,300 As Selling Pressure Returns
Amazon Set To Announce Second Round Of 30,000 Job Cuts Next Week, AI Efficiency Drives Layoffs...
Amazon Set To Announce Second Round Of 30,000 Job Cuts Next Week, AI Efficiency Drives Layoffs...
India Office Leasing Hits Record 86.4 Mn Sq Ft In 2025, Bengaluru Leads With 28 Mn Sq Ft
India Office Leasing Hits Record 86.4 Mn Sq Ft In 2025, Bengaluru Leads With 28 Mn Sq Ft