Potato prices slid for the second straight day today, losing Rs 5.80 to Rs 475 per quintal in futures trading on increased supply in the physical markets against sluggish demand.
At the Multi Commodity Exchange, potato for far-month September contract fell by Rs 5.80, or 1.21 per cent to Rs 475 per quintal, with an open interest of 798 lots. It had lost 0.61 per cent in the previous session.
The potato for delivery in July contract lost Rs 3.20, or 0.68 per cent to Rs 467 per quintal in 1032 lots.
Traders attributed the continuing fall in potato futures prices on increased supplies and sluggish demand.
