New Delhi, March 19 Prices of cottonseed oil cake fell by Rs 13 to Rs 3,458 per quintal on Thursday in futures trading, as participants reduced their positions, following weak trends in the spot market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for April delivery traded lower by Rs 13, or 0.37 percent, to Rs 3,458 per quintal, with an open interest of 59,130 lots.
Analysts said that the selling pressure by participants at existing levels, amid a subdued market trend, weighed on the prices of cottonseed oil cake.