India, Oct. 17 -- Cottonseed oil cake prices declined by Rs 16 to Rs 2,888 per quintal in futures trade on Friday, as traders trimmed positions amid a weak trend in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake for December delivery fell by Rs 16, or 0.55 per cent, to Rs 2,888 per quintal, with an open interest of 15,830 lots.
Analysts attributed the decline to selling pressure at prevailing levels and subdued demand in the physical market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....