NEW DELHI, Nov 27: Potato prices weakened by 0.20 per cent to Rs 861 per quintal in futures market today as speculators offloaded positions, triggered by increased supplies from producing regions.
At the Multi Commodity Exchange, potato for delivery in far-month April weakened by Rs 1.70, or 0.20 per cent, to Rs 861 per quintal in a business turnover of 8 lots.
Potato for delivery in March also traded lower by Rs 1.70, or 0.19 per cent, to Rs 881.20 per quintal in 6 lots.
Analysts said offloading of positions by speculators, triggered by increased supplies from growing regions, mainly kept pressure on potato prices at futures trade. (PTI)
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