Cottonseed Oil Futures Decline on Weak Demand
On the National Commodity and Derivatives Exchange, cottonseed oil cake for March delivery traded lower by Rs 16 or 0.59 per cent at Rs 2,715 per quintal with an open interest of 66,570 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.
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