Cottonseed oil cake prices fell on the National Commodity and Derivatives Exchange as participants reduced their bets due to weak spot market trends.
New Delhi, Jul 29 (PTI) Cottonseed oil cake prices on Monday declined Rs 19 to Rs 2,894 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 August delivery fell Rs 19 or 0.66 per cent to Rs 2,894 per quintal with an open interest of 55,950 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.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback