Cottonseed Oil Cake Futures Slip
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Cottonseed oil cake futures fell on weak demand. May delivery traded lower by Rs 11 to Rs 3,580 per quintal. Learn more!
New Delhi, Apr 8 (PTI) Cottonseed oil cake prices on Wednesday fell Rs 11 to Rs 3,580 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 May delivery traded lower by Rs 11, or 0.31 per cent, to Rs 3,580 per quintal with an open interest of 30,780 lots.
Analysts said a sell-off by participants at existing levels amid a subdued market trend weighed on cottonseed oil cake prices.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for May delivery traded lower by Rs 11, or 0.31 per cent, to Rs 3,580 per quintal with an open interest of 30,780 lots.
Analysts said a sell-off by participants at existing levels amid a subdued market trend weighed on cottonseed oil cake prices.
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