India, March 2 -- Cottonseed oil cake futures slipped by Rs 8 to Rs 3,311 per quintal on Monday as traders pared positions amid soft demand in the physical market.
On the National Commodity and Derivatives Exchange (NCDEX), contracts for April delivery fell Rs 8, or 0.24 per cent, to Rs 3,311 per quintal, with an open interest of 12,100 lots.
Analysts said selling pressure at prevailing levels, coupled with a subdued spot market trend, dragged cottonseed oil cake prices lower.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....