Cottonseed Oil Cake Futures Decline on Soft Demand - PTI
Feb 23, 2024 14:29
Cottonseed oil cake futures prices fell on the National Commodity and Derivatives Exchange due to weak demand in spot markets. Read more.
New Delhi, Feb 23 (PTI) Cottonseed oil cake prices on Friday decreased Rs 18 to Rs 2,593 per quintal in futures trade as participants reduced their bets following weak trends in spot markets.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for March delivery fell Rs 18 or 0.69 per cent to Rs 2,593 per quintal with an open interest of 68,950 lots.
Analysts said a sell-off by participants at existing levels amid a subdued trend in the market mainly weighed on cottonseed oil cake prices.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.