NEW DELHI, Mar 26: Cottonseed oil cake futures prices fell by Rs 17 to Rs 1,412.50 per quintal in futures trade today on trimming of positions by the operators amid weak physical market sentiments.
Marketmen attributed the drop in cottonseed oil cake futures prices to falling prices in spot markets due to weak demand from animal feed makers amid bloated stocks position.
At the National Commodity and Derivative Exchange, cottonseed oil cake delivery for May contracts slipped by Rs 17, or 1.19 per cent, to Rs 1,412.50 per quintal with an open interest of 61,470 lots.
Likewise, the delivery for April contracts dropped by Rs 15.50, or 1.10 per cent, to Rs 1,391.50 per quintal, as the open interest stood at 1,44,030 lots. (PTI)
Trending Now
E-Paper
Follow our WhatsApp channel