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Cottonseed oil cake futures ease on low demand

New Delhi, Feb 18 Cottonseed oil cake prices on Tuesday fell by Rs 25 to Rs 1,712 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 February fell by Rs 25, or 1.44 per cent, to Rs 1,712 per quintal with an open interest of 12,190 lots.

Cottonseed oil cake for delivery in March went down by Rs 33, or 1.90 per cent, to Rs 1,704 per quintal in 87,540 lots. PTI