Cottonseed Oil Futures Decline on Soft Demand

Apr 24, 2025 13:02

Cottonseed oil cake futures prices fell on Thursday due to weak demand and selling by participants in the spot market. The decline was seen on the National Commodity and Derivatives Exchange (NCDEX).

New Delhi, Apr 24 (PTI) Cottonseed oil cake prices fell Rs 27 to Rs 2,990 per quintal in futures trade on Thursday as participants reduced their bets following weak trends in the spot market.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for May delivery traded lower Rs 27 or 0.90 per cent at Rs 2,990 per quintal with an open interest of 76,030 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.

Source: PTI

MORE NEWS

TCS Retrenchment: 376 Employees Laid Off in Pune

Maharashtra minister reveals TCS laid off 376 employees in Pune over two quarters....

Ratnaveer Raises Rs 185.5 Cr for Expansion

Ratnaveer Precision Engineering raises Rs 185.50 crore via QIP to fund European...

Unisem Agritech IPO: Raises Rs 6 Cr From Anchor...

Unisem Agritech raises over Rs 6 crore from anchor investors ahead of its IPO. IPO...

BlackRock Invests in Aditya Birla Renewables

BlackRock commits up to Rs 3,000 cr in Aditya Birla Group's renewables arm, valuing it...

Fibe Raises $35M from IFC

Fibe secures USD 35 million from IFC to boost affordable credit access for underserved...

Capital Markets to Overtake Bank Credit: Kotak AMC

Kotak Mahindra AMC chief Nilesh Shah predicts capital markets will surpass bank credit....

Nephrocare Health Services IPO: Rs 260 Cr from...

Nephrocare Health Services (NephroPlus) garners Rs 260 cr from anchor investors ahead...

Park Medi IPO: Rs 276 Cr from Anchor Investors

Park Medi World raises Rs 276 cr from anchor investors ahead of its Rs 920 cr IPO. IPO...

India Aims for 6G Patent Leadership: Scindia

India is confidently progressing to become a major force in global 6G patents and...

Tehri PSP Unit Commences Commercial Power Supply

Manohar Lal starts commercial power supply from Tehri pumped storage plant's 250 MW...

Cottonseed Oil Futures Decline on Soft Demand

You May Like To Read

MORE NEWS