Cottonseed Oil Cake Futures Decline on Soft Demand

New Delhi, Nov 19 (PTI) Cottonseed oil cake prices on Tuesday declined Rs 15 to Rs 2,750 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 traded lower by Rs 15 or 0.55 per cent at Rs 2,750 per quintal with an open interest of 17,070 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.