India, June 23 -- Cottonseed oil cake futures declined on Tuesday as traders reduced positions amid subdued demand in the physical market. On the National Commodity and Derivatives Exchange, July delivery contracts fell by Rs 24, or 0.66%, to Rs 3,626 per quintal.
The contract recorded an open interest of 50,680 lots. Analysts attributed the decline to profit-booking and weak market sentiment, with softer demand in the spot market continuing to weigh on prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....