India, May 21 -- Cottonseed oil cake prices edged lower on Thursday, with futures slipping by Rs 7 to Rs 3,612 per quintal amid weak sentiment in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for June delivery declined 0.19 percent to Rs 3,612 per quintal, with an open interest of 59,050 lots.
Market analysts said subdued demand and profit booking by participants at prevailing levels kept prices under pressure.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....