Spud prices declined by Rs 5. 10 in order to Rs 632 per quintal in futures industry today on emergence of profit-booking through speculators at existing higher levels.
Adequate stocks availability within the physical market also put pressure upon potato prices.
At the Multi Item Exchange, March potato declined by Rs 5. 10, or even 0. 80% to Rs 632 per quintal inside a business turnover of 15 lots.
The actual October contract shed Rs 2. 10, or even 0. 49% to Rs 428. forty per quintal in 65 lots.
Traders said the fresh weakness in potato futures is a result of profit-booking by speculators at prevailing greater levels.
Adequate stocks availability within the physical market also put pressure upon potato prices.
At the Multi Item Exchange, March potato declined by Rs 5. 10, or even 0. 80% to Rs 632 per quintal inside a business turnover of 15 lots.
The actual October contract shed Rs 2. 10, or even 0. 49% to Rs 428. forty per quintal in 65 lots.
Traders said the fresh weakness in potato futures is a result of profit-booking by speculators at prevailing greater levels.
Source : Business-Standard