Cottonseed oil cake futures prices fell on Tuesday, declining Rs 30 to Rs 2,954 per quintal on the National Commodity and Derivatives Exchange due to weak trends in spot markets.
New Delhi, Oct 15 (PTI) Cottonseed oil cake prices on Tuesday declined Rs 30 to Rs 2,954 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 30 or 1.02 per cent at Rs 2,954 per quintal with an open interest of 20,320 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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