Cottonseed Oil Cake Futures Decline
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Cottonseed oil cake futures fell Rs 7 to Rs 2,915/quintal on weak spot market trends. December delivery down 0.24% at Rs 2,915.
New Delhi, Nov 14 (PTI) Cottonseed oil cake prices on Friday declined by Rs 7 to Rs 2,915 per quintal in futures trade as participants reduced their bets following weak trends in the spot market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded lower by Rs 7 or 0.24 per cent at Rs 2,915 per quintal with an open interest of 17,900 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.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded lower by Rs 7 or 0.24 per cent at Rs 2,915 per quintal with an open interest of 17,900 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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