Cottonseed oil cake futures prices fell on Wednesday due to soft demand and a subdued trend in spot markets. Read more about the decline in prices.
New Delhi, Oct 9 (PTI) Cottonseed oil cake prices on Wednesday declined Rs 17 to Rs 2,928 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 December delivery traded lower by Rs 17 or 0.58 per cent at Rs 2,928 per quintal with an open interest of 19,640 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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