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Cottonseed oil cake futures fall over 1 pc

Press Trust of India  |  New Delhi 

Cottonseed oil cake prices on Wednesday fell by Rs 34 to Rs 2,303.5 per quintal in futures trade as participants reduced their positions amid low demand.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded lower by Rs 34, or 1.45 per cent, at Rs 2,303.5 per quintal with an open interest of 51,570 lots.

Similarly, cottonseed oil cake for January slipped by Rs 29.5, or 1.31 per cent, to Rs 2,223.5 per quintal with an open interest of 26,570 lots.

Traders said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 06 2019. 13:45 IST