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Cottonseed Oil Cake Prices Witnessed Downtrend in Spot Markets

24 Jun 2019 6:26 pm
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MUMBAI(Commoditiescontrol) – Cottonseed Oil cake Prices fell sharply in the spot markets today on muted demand for the commodity in sync with the NCDEX futures.

It traded lower in Maharashtra by Rs. 50/150 per Quintal while the prices were unchanged in the other spot markets.

On the National Commodity and Derivatives Exchange, Cottonseed oil cake to be delivered in July contracts went down by Rs. 98.5, or 3.46 per cent, to Rs. 2,746 per Quintal with an open interest of 57,520 lots.

The rate for August delivery contracts, too, was trading down by Rs. 104, or 3.61 per cent, to Rs. 2,777 per Quintal in 33,890 business lots.

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