September 19, 2024

Cottonseed oil cake futures fall on weak demand


New Delhi, Nov 30 (PTI) Cottonseed oil cake prices on Wednesday declined by Rs 19 to Rs 2,771 per quintal in futures trade as traders reduced their holdings following a weak trend at the spot market.

On the NCDEX, cottonseed oil cake for delivery in December declined by Rs 19, or 0.68 per cent, to Rs 2,771 per quintal in a business turnover of 32,880 lots.

Marketmen said selling by traders at prevailing levels amid subdued demand in the spot market mainly influenced the fall in cottonseed oil cake futures here.



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