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Cottonseed oil cake futures show a mixed trend

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Press Trust of India New Delhi

Cottonseed oil cake prices registered a fall of Rs 6 to Rs 1,857 per quintal for August delivery on liquidation of holdings by traders.

In contrast, September contract edged higher by Rs 3.50, or 0.19 per cent, to Rs 1,880 per quintal, clocking an open interest of 86,040 lots on fresh bets.

Marketmen said, minimisation of exposures by investors in pressure of weak spot markets mainly pulled down the prices of the August contract.

At the National Commodity and Derivatives Exchange, cottonseed oil cake delivery for August moved down by Rs 6, or 0.32 per cent, to Rs 1,857 per quintal in an open interest of 76,920 lots.

 

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First Published: Jul 31 2018 | 1:40 PM IST

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