Cottonseed oil cake futures fall on low demand

New Delhi, Jan 23 () Cottonseed oil cake prices on Thursday fell by Rs 14 to Rs 2,008 per quintal in futures trade as participants reduced their bets amid a weak trend at 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 14, or 0.69 per cent, to Rs 2,008 per quintal with an open interest of 89,750 lots.

Cottonseed oil cake for delivery in March went down by Rs 12, or 0.59 per cent, to Rs 2,036 per quintal in 21,970 lots. VHP SHW SHW