Cottonseed oil cake trade flat in futures trade

News

New Delhi: Cottonseed oil cake prices on Monday traded flat at Rs 1,808 per quintal in futures trade. On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded at Rs 1,808 per quintal with an open interest of 19,850 lots.

However, cottonseed oil cake for January delivery fell by Rs 10, or 0.55 per cent, to Rs 1,810 per quintal in 3,530 lots.

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

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