NEW DELHI, Feb 20: Potato futures prices fell by Rs 7.50 to Rs 816.50 per quintal today as speculators offloaded their positions, driven by weak trend in the spot market.
At the Multi Commodity Exchange, potato for April delivery fell by Rs 7.50, or 0.91 per cent, to Rs 816.50 per quintal, with a business volume of 18 lots.
For delivery in March, potato traded lower by Rs 4.10, or 0.48 per cent, to Rs 838.60 per quintal, with a trade volume of 28 lots.
Marketmen said fall in potato prices was mostly due to offloading of positions by speculators, driven by subdued demand in the spot market.
They said increased supplies in the physical market, following persistent arrivals from producing region further pulled down the prices. (PTI)
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