Cottonseed oil futures falls on soft demand

New Delhi, April 3 (PTI) Cottonseed oil cake prices on Monday declined by Rs 15 to Rs 2,817 per quintal in futures trade as participants reduced their bets following weak trends in spot markets.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for April delivery fell by Rs 15 or 0.53 per cent to Rs 2,817 per quintal with an open interest of 33,060 lots.

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