Cottonseed Oil Futures Decline on Soft Demand - PTI
Cottonseed oil cake prices fell Rs 10 to Rs 2,713 per quintal in futures trade on Wednesday, driven by weak trends in the spot market. Read more.
New Delhi, Mar 12 (PTI) Cottonseed oil cake prices on Wednesday fell Rs 10 to Rs 2,713 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 April delivery traded lower Rs 10 or 0.37 per cent at Rs 2,713 per quintal with an open interest of 61,770 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 April delivery traded lower Rs 10 or 0.37 per cent at Rs 2,713 per quintal with an open interest of 61,770 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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