Cottonseed oilcake prices were trading down by Rs 11 to Rs 2,211 per quintal in futures trade today as participants indulged in reducing positions amid a weak trend at the domestic physical markets.
Marketmen said, the fall in cottonseed oilcake prices was attributed to falling demand from cattle-feed makers amid persistent arrivals from growing regions.
At the National Commodity and Derivatives Exchange, cottonseed oilcake for delivery in April was trading lower by Rs 11, or 0.50 per cent, to Rs 2,211 per quintal, having an open interest of 1,06,930 lots.
Cottonseed for delivery this month also eased by Rs 10, or 0.46 per cent, to Rs 2,171 per quintal, in an open interest of 26,570 lots.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)