You are here: Home » PTI Stories » National » News
Business Standard

Cottonseed oil cake futures weaken on spot cues

Press Trust of India  |  New Delhi 

prices rolled down by Rs 16 to Rs 1,542 per quintal in futures trading today on liquidated of positions by the traders in pressure of subdued physical markets.

Market players mentioned the downturn in futures prices to the mounting of stocks on constant arrivals from growing regions amidst withdrawal of support by animal feed makers in spot markets.

At the and Derivative Exchange platform, delivery for the January contract dropped by Rs 16 or 1.03 percent to Rs 1,542 per quintal, in an open interest of 12,000 lots.

Likewise, the delivery for the most traded December month contract slipped by Rs 12 or 0.78 percent to Rs 1,528 per quintal, clocking an open interest of 79,650 lots.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Thu, October 26 2017. 11:48 IST