Cottonseed Oil Futures Decline on Soft Demand - PTI
Cottonseed oil cake futures prices fell on the National Commodity and Derivatives Exchange (NCDEX) due to weak demand and a sell-off by participants. Learn more.
New Delhi, Apr 5 (PTI) Cottonseed oil cake prices on Friday decreased Rs 7 to Rs 2,576 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 April delivery fell Rs 7 or 0.27 per cent to Rs 2,576 per quintal with an open interest of 46,210 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 fell Rs 7 or 0.27 per cent to Rs 2,576 per quintal with an open interest of 46,210 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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