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Cottonseed oil cake futures fall on soft demand

New Delhi,  Cottonseed oil cake prices on Tuesday declined by Rs 67 to Rs 2,684 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market.

Analysts 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 for September delivery fell by Rs 67, or 2.44 per cent, to Rs 2,684 per quintal with an open interest of 54,890 lots. PTI