Cottonseed Oil Futures Decline on Soft Demand - PTI

New Delhi, Nov 11 (PTI) Cottonseed oil cake prices on Monday declined Rs 22 to Rs 2,972 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 22 or 0.74 per cent at Rs 2,972 per quintal with an open interest of 17,860 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.