Potato futures move lower on weak spot trend

Potato futures moved lower on MCX as speculators offloaded positions on weak trend in spot markets. Furthermore, subdued demand in the domestic markets against higher stocks following easy availability of the commodity in the market also impacted the trading sentiments. The contract for June delivery was trading at Rs 1327.50, down by 0.20% or Rs 2.70 from its previous closing of Rs 1330.20. The open interest of the contract stood at 1434.00 lots. The contract for July delivery was trading at Rs 1364.50, down by 0.21% or Rs 2.90 from its previous closing of Rs 1367.40. The open interest of the contract stood at 1495.00 lots on MCX.