PTI

Cottonseed oil futures decline on soft demand

Cottonseed oil futures decline on soft demand

PTI

New Delhi, Nov 17 (PTI) Cottonseed oil cake prices on Friday fell Rs 33 to Rs 2,948 per quintal in futures trade as participants reduced their bets following weak trends in spot markets.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery declined Rs 33 or 1.12 per cent to Rs 2,948 per quintal with an open interest of 40,860 lots.

Analysts said a sell-off by participants at existing levels amid a subdued trend in the market mainly weighed on cottonseed oil cake prices. PTI SGC SHW

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