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Cottonseed oil cake futures decline over 1 pc on low demand

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Press Trust of India New Delhi
Last Updated : Nov 21 2019 | 1:51 PM IST

Cottonseed oil cake prices on Thursday fell by Rs 26 to Rs 2,136.5 per quintal in futures trade as participants reduced their bets amid a weak trend at the spot market.

Market players 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 to be delivered in December fell Rs 26, or 1.20 per cent, to Rs 2,136.5 per quintal in 54,340 lots.

Cottonseed oil cake for delivery in January next year went down by Rs 18, or 0.84 per cent, to Rs 2,128 per quintal in 36,170 lots.

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First Published: Nov 21 2019 | 1:51 PM IST

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