Cottonseed oil cake futures fall on soft demand

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New Delhi, Feb 10 (PTI) Cottonseed oil cake prices on Wednesday declined by Rs 8 to Rs 2,280 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 February delivery fell by Rs 8, or 0.35 per cent, to Rs 2,280 per quintal with an open interest of 35,970 lots.

Cottonseed oil cake for March delivery eased by Rs 10, or 0.43 per cent, to Rs 2,304 per quintal in 1,09,530 lots. PTI SRS RUJ RUJ