After ruling firm for almost five months starting February this year, potato prices in West Bengal is on a declining trend. The State Government’s restriction on sale of potatoes to other States effective August 1, coupled with a pick up in the release of the tuber from cold storages across the State has helped bring down prices.
The recent ban on the launch of new Tarakeshwar potato contracts by the Forward Markets Commission (FMC) also helped in the easing of prices in the spot market, said Patit Paban De, member, West Bengal Cold Storage Association.