Cottonseed oil cake futures prices fell on the National Commodity and Derivatives Exchange due to weak trends in spot markets and a sell-off by participants.
New Delhi, Sep 16 (PTI) Cottonseed oil cake prices on Monday declined Rs 8 to Rs 3,070 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 December delivery fell Rs 8 or 0.26 per cent to Rs 3,070 per quintal with an open interest of 14,600 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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