The prices of potato for the May contract fell by Rs 6, or 0.72 per cent, to Rs 649.50 per quintal, with a trading volume of five lots at the Multi Commodity exchange (MCX) since the traders reduced their holdings tracking a decline in the demand at the spot market.
The potato for the April contract fell by Rs 5.40, or 0.87 per cent to Rs 616.50 per quintal, with a business volume of 38 lots at the MCX.
The commodity for the March contract also traded lower by Rs 4.80 or 0.76 per cent to Rs 629 per quintal, with a trading volume of 109 lots at the MCX.
The potato is a starchy, tuberous crop from the perennial Solanum tuberosum of the Solanaceae family (also known as the nightshades).
The word potato may refer to the plant itself as well as the edible tuber. In the region of the Andes, there are some other closely related cultivated potato species.
First introduced outside the Andes region four centuries ago, today potatoes have become an integral part of much of the world's cuisine and are the world's fourth-largest food crop, following rice, wheat, and maize.