Cottonseed oil cake futures fall after a weak trend in the spot market

Cottonseed oil cake futures fall after a weak trend in the spot market

Cottonseed oil cake prices on Monday fell by Rs 11 to Rs 2,479 per quintal in futures trade as participants reduced their positions following a weak trend at the spot market. On the NCDEX, cottonseed oil cake for delivery in December fell by Rs 11, or 0.44 percent, to Rs 2,479 per quintal with a business turnover of 44,280 lots.

Market analysts said selling by participants at prevailing levels amid a weak trend at the spot market mainly led to the fall in cottonseed oil cake futures here.

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