PTI NEWS

Cottonseed oil cake futures weaken on spot cues

New Delhi, Oct 26 (PTI) Cottonseed oil cake pricesrolled down by Rs 16 to Rs 1,542 per quintal in futurestrading today on liquidated of positions b...

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New Delhi, Oct 26 (PTI) Cottonseed oil cake pricesrolled down by Rs 16 to Rs 1,542 per quintal in futurestrading today on liquidated of positions by the traders inpressure of subdued physical markets.

Market players mentioned the downturn in cottonseedoil cake futures prices to the mounting of stocks on constantarrivals from growing regions amidst withdrawal of support byanimal feed makers in spot markets.

At the National Commodity and Derivative Exchangeplatform, cottonseed oil cake delivery for the Januarycontract dropped by Rs 16 or 1.03 percent to Rs 1,542 perquintal, in an open interest of 12,000 lots.

Likewise, the delivery for the most traded Decembermonth contract slipped by Rs 12 or 0.78 percent to Rs 1,528per quintal, clocking an open interest of 79,650 lots.PTI SDGADIMKJ.

This is unedited, unformatted feed from the Press Trust of India wire.

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