Cottonseed oil cake futures slip on sluggish demand

New Delhi, Mar 13 () Cottonseed oil cake prices on Friday fell by Rs 7 to Rs 1,750 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market.

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

On the National Commodity and Derivatives Exchange, cottonseed oil cake for March delivery fell by Rs 7, or 0.40 per cent, to Rs 1,750 per quintal with an open interest of 22,030 lots.

Cottonseed oil cake for April delivery fell by Rs 4, or 0.23 per cent, to Rs 1,768 per quintal in 62,070 lots. VHP RUJRUJ
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