Cottonseed oil futures fall on soft demand

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New Delhi, Nov 6 (PTI) Cottonseed oil cake prices on Friday declined by Re 1 to Rs 1,858 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 December delivery fell by Re 1, or 0.05 per cent, to Rs 1,858 per quintal with an open interest of 25,720 lots.

However, cottonseed oil cake for January delivery gained Re 1, or 0.05 per cent, to Rs 1,876 per quintal in 10,620 lots. PTI SRS RUJ RUJ