Cottonseed oil cake futures prices fell on the National Commodity and Derivatives Exchange (NCDEX) on Friday, driven by weak trends in spot markets and selling by participants.
New Delhi, May 31 (PTI) Cottonseed oil cake prices on Friday decreased Rs 18 to Rs 2,828 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 July delivery fell Rs 18 or 0.64 per cent to Rs 2,828 per quintal with an open interest of 24,080 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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