Cottonseed Cake Prices Fall as Traders Reduce Positions

Cottonseed Cake Prices Fall as Traders Reduce Positions.webp


New Delhi, February 9 Prices of cottonseed oil cake fell by Rs 32 to Rs 3,326 per quintal on Monday 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 March delivery traded lower by Rs 32, or 0.95 per cent, to Rs 3,326 per quintal with an open interest of 41,430 lots.

Analysts said the sell-off by participants at existing levels, amid a subdued trend in the market, mainly weighed on cottonseed oil cake prices.
 
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cottonseed oil cake futures trading national commodity and derivatives exchange
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