Potato futures edge lower on weak demand

Potato futures edged lower on MCX due to offloading of positions by speculators, triggered by weak demand in the spot market. Moreover, adequate stocks availability in the physical market on the back of restricted arrivals from producing regions also dampened the sentiments. The contract for May delivery was trading at Rs 1356.00, down by 0.74% or Rs 10.10 from its previous closing of Rs 1366.10. The open interest of the contract stood at 921.00 lots. The contract for June delivery was trading at Rs 1440.00, down by 0.73% or Rs 10.60 from its previous closing of Rs 1450.60. The open interest of the contract stood at 1956.00 lots on MCX.