Potato prices extended losses by falling Rs 3.20 to Rs 380.30 per quintal in futures trade today, as speculators offloaded their positions due to subdued demand in the spot market.
Adequate stocks position in the physical market, following increased arrivals from producing regions also put pressure on the potato futures prices.
At the Multi Commodity Exchange, October potato fell by Rs 3.20, or 0.83%, to Rs 380.30 per quintal, with a trading volume of 111 lots.
The March contract also shed Rs 2.50, or 0.39%, to Rs 636.80 per quintal, with a trade volume of 21 lots.
Traders said fall in potato futures prices was due to offloading of positions by speculators, amid increased arrivals from producing regions.
