Cottonseed oil cake futures ease on soft demand

New Delhi, Feb 3 () Cottonseed oil cake prices on Monday fell by Rs 34 to Rs 1,777 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 34, or 1.88 per cent, to Rs 1,777 per quintal with an open interest 54,440 lots.

Cottonseed oil cake for delivery in March went down by Rs 26, or 1.43 per cent, to Rs 1,801 per quintal in 60,900 lots. VHP SHW SHW