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Cottonseed oil cake futures ease on muted demand

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Press Trust of India New Delhi
Last Updated : Oct 10 2019 | 1:40 PM IST

Cottonseed oil cake prices fell by Rs 14.5 at Rs 2,129 per quintal in futures trade on Thursday as participants reduced their bets amid weak trend at the spot market.

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

On the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in December fell by Rs 14.5, or 0.68 per cent, to Rs 2,129 per quintal in an open interest of 19,120 lots.

Cottonseed oil cake for delivery in January next year went down by Rs 9.5, or 0.46 per cent, to Rs 2,069 per quintal in 17,950 lots.

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First Published: Oct 10 2019 | 1:40 PM IST

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