Marketmen said the fall in cottonseed oilcake prices was mostly attributed to profit-booking by participants at prevailing higher levels and low demand at the spot markets.
At the National Commodity and Derivatives Exchange, cottonseed oilcake for delivery in January shed Rs 17 or 0.86 per cent to Rs 1,956 per quintal, with an open interest of 45,840 lots.
Also, the most-active delivery in December dropped by Rs 14 or 0.71 per cent to Rs 1,970 per quintal, with a business turnover of 63,170 open lots.
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