India, July 6 -- Cottonseed oil cake futures edged lower on Monday, with the July contract falling Rs 14, or 0.38%, to Rs 3,671 per quintal on the National Commodity and Derivatives Exchange (NCDEX).
The decline came as traders reduced their positions amid weak demand and subdued sentiment in the spot market. Open interest in the July contract stood at 47,800 lots, reflecting cautious participation. Analysts attributed the fall to profit booking and continued softness in the physical market.
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