Cottonseed oil cake futures fall on soft demand

New Delhi, ) Cottonseed oil cake prices on Wednesday declined by Rs 12 to Rs 2,490 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 December delivery fell by Rs 12, or 0.48 per cent, to Rs 2,490 per quintal with an open interest of 26,050 lots. PTI