India, Feb. 13 -- Cottonseed oil cake futures edged lower to Rs 3,277 per quintal on Friday, as participants reduced their positions amid weak trends in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for March delivery slipped by Re 1, or 0.03 per cent, to Rs 3,277 per quintal, with an open interest of 55,860 lots.
Analysts attributed the decline to selling pressure at prevailing levels and subdued demand in the physical market, which weighed on prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....