The National Commodity & Derivatives Exchange (NCDEX) has levied 20 per cent additional special margin on the long side of all running contracts of potato and the contracts yet to be launched in the said commodity, effective from June 27. According to an exchange circular, this margin shall be collected in cash.

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The commodity currently attracts additional duty of 10 per cent in long and short side coupled with special margin of 5 per cent on the long side and “nil” for the short side.

Spot potato price in Agra, a key market in Uttar Pradesh, has risen 69 per cent to Rs 991.35 per 100 kg in the last four months.

Earlier, regulator Forward Markets Commission had asked bourses to investigate the sharp rise in prices of turmeric and potato futures over the past few months.

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