India, Oct. 8 -- Cottonseed oil cake prices fell Rs 4 to Rs 2,891 per quintal on Wednesday in the futures market, as participants cut their positions following soft trends in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), December cottonseed oil cake contracts declined by Rs 4, or 0.14%, to close at Rs 2,891 per quintal, with an open interest of 17,330 lots.
Analysts attributed the drop to profit-booking and subdued market sentiment, which weighed on cottonseed oil cake futures.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....