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

Rupee Slips 15 Paise To Close At 89.86 Against US Dollar Amid Weak Equities And FII Outflows

Rupee Slips 15 Paise To Close At 89.86 Against US Dollar Amid Weak Equities And FII Outflows

SME IPO: E2E Transportation Infrastructure Public Issue Opens For Subscription

SME IPO: E2E Transportation Infrastructure Public Issue Opens For Subscription

India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

RBI Announces Premature Redemption Price For Sovereign Gold Bond 2017-18 Series-XIII

RBI Announces Premature Redemption Price For Sovereign Gold Bond 2017-18 Series-XIII

Dilip Buildcon Wins ₹3,400 Cr Adani Order, Stock Jumps 6% On Big Project Boost

Dilip Buildcon Wins ₹3,400 Cr Adani Order, Stock Jumps 6% On Big Project Boost