New Delhi, Oct 6 (PTI) Cottonseed oil cake prices on Tuesday declined by Rs 6 to Rs 1,823 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery fell by Rs 6, or 0.33 per cent, to Rs 1,823 per quintal with an open interest of 21,840 lots.
Analysts said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.
However, Cottonseed oil cake for January delivery went up by Rs 3, or 0.16 per cent, to Rs 1,828 per quintal in 4,090 lots. PTI SRS SHW SHW