India, July 2 -- Cottonseed oil cake prices declined in futures trade on Thursday as traders reduced their positions amid subdued trends in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for July delivery fell by Rs 18, or 0.49%, to Rs 3,656 per quintal, with an open interest of 49,990 lots.
According to analysts, selling pressure at prevailing price levels and weak market sentiment weighed on cottonseed oil cake futures.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....