Business Standard

Cottonseed oil cake futures slip on sluggish demand


Press Trust of India New Delhi
Cottonseed oil cake prices on Wednesday fell by Rs 14.5 at Rs 2,056 per quintal in futures trade as participants reduced their bets amid weak trend at the spot market.
Market players said sell-off by participants at existing levels amid subdued trend at the market mainly weighed on cottonseed oil cake prices.
On the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in December fell by Rs 14.5, or 0.70 per cent, to Rs 2,056 per quintal with an open interest of 46,740 lots.
Cottonseed oil cake for delivery in January went down by Rs 12.5, or 0.60 per cent, to Rs 2,058 per quintal in 34,440 lots.

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First Published: Nov 27 2019 | 1:35 PM IST

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