Cottonseed oil cake prices fell Rs 18 to Rs 2,486 per quintal in futures trade on Friday due to weak spot markets and reduced bets by participants.
New Delhi, Feb 9 (PTI) Cottonseed oil cake prices on Friday decreased Rs 18 to Rs 2,486 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 February delivery fell Rs 18 or 0.72 per cent to Rs 2,486 per quintal with an open interest of 37,140 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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