Cottonseed oil cake futures fall on soft demand

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New Delhi, Feb 24 (PTI) Cottonseed oil cake prices on Wednesday declined by Rs 25 to Rs 2,240 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market.

Analysts said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for March delivery fell by Rs 25, or 1.1 per cent, to Rs 2,240 per quintal with an open interest of 1,15,760 lots.

Cottonseed oil cake for April delivery eased by Rs 26, or 1.14 per cent, to Rs 2,263 per quintal in 47,170 lots. PTI SRS RUJ RUJ