Cottonseed oil cake futures fall on soft demand

New Delhi,  Cottonseed oil cake prices on Monday declined by Rs 18 to Rs 2,760.00 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 January delivery fell by Rs 18, or 0.59 per cent, to Rs 2,760.00 per quintal with an open interest of 73,600 lots