Cottonseed oil cake futures slip on muted demand

New Delhi, May 22 (PTI) Cottonseed oil cake prices on Friday fell by Rs 13 to Rs 1,982 per quintal in futures trade as participants reduced their bets amid a weak trend in spot market.

On the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in June fell by Rs 13, or 0.65 per cent, to Rs 1,982 per quintal with an open interest of 41,280 lots.

Cottonseed oil cake for delivery in July went down by Rs 13, or 0.64 per cent, to Rs 2,014 per quintal in 8,980 lots.

Market players said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices. PTI SHW RUJ RUJ