Cottonseed Oil Futures Decline on Weak Demand - PTI
Cottonseed oil cake prices fell on Thursday, driven by soft demand in the spot market. Analysts cited subdued trends and selling by participants as factors.
New Delhi, Jan 9 (PTI) Cottonseed oil cake prices on Thursday declined Rs 12 to Rs 2,795 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 February delivery traded lower Rs 12 or 0.43 per cent at Rs 2,795 per quintal with an open interest of 39,190 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 February delivery traded lower Rs 12 or 0.43 per cent at Rs 2,795 per quintal with an open interest of 39,190 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.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Shish-Industries
- 11.80 (+ 19.92)
- 67946314
- Vodafone-Idea
- 11.26 ( -0.88)
- 56277280
- Sylph-Technologies
- 1.04 (+ 7.22)
- 53290659
- Welcure-Drugs-and
- 0.46 ( -4.17)
- 30626692
- Mangalam-Industrial
- 0.83 ( -2.35)
- 28899399
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback