Potato futures extended their losses on MCX as speculators offloaded positions driven by sluggish demand in spot markets. Adequate stocks condition in the physical market following higher supplies from producing regions also weighed on the commodity prices.
The contract for May delivery was trading at Rs 1297.30, down by 0.49% or Rs 6.40 from its previous closing of Rs 1303.70. The open interest of the contract stood at 379.00 lots.
The contract for June delivery was trading at Rs 1344.00, down by 0.11% or Rs 1.50 from its previous closing of Rs 1345.50. The open interest of the contract stood at 1690.00 lots on MCX.
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