Cottonseed oil cake prices on Wednesday fell by Rs 38 to Rs 1,818 per quintal in futures trade as participants reduced their bets amid a weak trend in spot market.
Market players said sell-off by participants at the existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.
On the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in February fell by Rs 38, or 2.05 per cent, to Rs 1,818 per quintal with an open interest 66,640 lots.
Cottonseed oil cake for delivery in March went down by Rs 37, or 2.02 per cent, to Rs 1,844 per quintal in 38,450 lots.
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