Cottonseed oil cake prices on Thursday fell by Rs 24 to Rs 1,971 per quintal in futures trade as participants reduced their bets amid a weak trend at the spot market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake to be delivered in July fell by Rs 24, or 1.2 per cent, to Rs 1,971 per quintal with an open interest of 42,260 lots.
Cottonseed oil cake for delivery in August went down by Rs 9, or 0.44 per cent, to Rs 2,058 per quintal in 23,820 lots.
Market players said sell-off by participants at the existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.
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