Cottonseed oil cake prices fell in futures trade on Tuesday, driven by weak demand and a sell-off by participants. Learn more about the market trends.
New Delhi, Jun 4 (PTI) Cottonseed oil cake prices on Tuesday decreased Rs 11 to Rs 2,678 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 June delivery fell Rs 11 or 0.41 per cent to Rs 2,678 per quintal with an open interest of 64,850 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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