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

Aerospace Part-Manufacturer Aequs Sets Price Band For Upcoming ₹922 Crore IPO, Initial Share Sale...

Aerospace Part-Manufacturer Aequs Sets Price Band For Upcoming ₹922 Crore IPO, Initial Share Sale...

Paytm Gets Major Upgrade From Goldman Sachs, Brokerage Hikes Price Target By Over 100% On Strong...

Paytm Gets Major Upgrade From Goldman Sachs, Brokerage Hikes Price Target By Over 100% On Strong...

Aggressive Hybrid Mutual Funds Favoured Among Investors, Asset Base Catapults To ₹2.5 Lakh Crore...

Aggressive Hybrid Mutual Funds Favoured Among Investors, Asset Base Catapults To ₹2.5 Lakh Crore...

Government Returns ₹1,887 Crore In Unclaimed Financial Assets, Insurance Policy Claims & Bank...

Government Returns ₹1,887 Crore In Unclaimed Financial Assets, Insurance Policy Claims & Bank...

GAIL Shares Drop Sharply After Lower-Than-Expected Tariff Hike, Market Reacts Strongly To PNGRB’s...

GAIL Shares Drop Sharply After Lower-Than-Expected Tariff Hike, Market Reacts Strongly To PNGRB’s...