Cottonseed oil cake prices fell Rs 20 to Rs 2,981 per quintal in futures trade on Thursday, driven by weak trends in spot markets and selling by participants.
New Delhi, Nov 30 (PTI) Cottonseed oil cake prices on Thursday fell Rs 20 to Rs 2,981 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 declined Rs 20 or 0.67 per cent to Rs 2,981 per quintal with an open interest of 41,220 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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