Cottonseed oil cake futures declined on Monday due to soft demand and a subdued trend in the spot market. Prices fell Rs 25 to Rs 2,975 per quintal on the National Commodity and Derivatives Exchange.
By Rediff Money Desk, New Delhi
Apr 28, 2025
New Delhi, Apr 28 (PTI) Cottonseed oil cake prices fell Rs 25 to Rs 2,975 per quintal in futures trade on Monday as participants reduced their bets following weak trends in the spot market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for May delivery traded lower Rs 25 or 0.84 per cent at Rs 2,975 per quintal with an open interest of 70,470 lots.
Analysts said a sell-off by participants at existing levels amid a subdued trend in the market mainly weighed on cottonseed oil cake prices. – PTI (Source: https://money.rediff.com)