Business Standard

Cottonseed oil cake futures dip on muted spot demand

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Press Trust of India New Delhi

Cottonseed oil cake prices dipped by Rs 98.5 to Rs 2,746 per quintal in futures trade Monday, tracking a muted trend at spot market.

On the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in July contracts went down by Rs 98.5, or 3.46 per cent, to Rs 2,746 per quintal with an open interest of 57,520 lots.

The rate for August delivery contracts, too, was trading down by Rs 104, or 3.61 per cent, to Rs 2,777 per quintal in 33,890 business lots.

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First Published: Jun 24 2019 | 2:45 PM IST

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