India, Oct. 26 -- Cottonseed oil cake futures declined by Rs 40, or 1.06%, to Rs 3,721 per quintal on Monday, as traders reduced their positions amid weakness in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for December delivery fell to Rs 3,721 per quintal, with an open interest of 16,760 lots.
Analysts attributed the decline to selling by market participants at prevailing levels amid subdued market sentiment and weak spot market trends.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....