mandi bhav of india

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Cottonseed oil futures fall

New Delhi, Cottonseed oil cake prices on Wednesday declined by Rs 23 to Rs 2,900 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 July delivery fell by Rs 23, or 0.79 per cent, to Rs 2,900 per quintal with an open interest of 76,840 lots. PTI