Cottonseed oil cake futures ease on low demand

New Delhi, Feb 10 () Cottonseed oil cake prices on Monday fell by Rs 39 to Rs 1,754 per quintal in futures trade as participants reduced their bets amid a weak trend at the spot market.

Market players said sell-off by participants at the existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.

On the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in February fell by Rs 39, or 2.18 per cent, to Rs 1,754 per quintal with an open interest 31,220 lots.

Cottonseed oil cake for delivery in March went down by Rs 39, or 2.16 per cent, to Rs 1,772 per quintal in 73,900 lots. VHP SHWSHW