New Delhi: Cottonseed oil cake prices on Tuesday fell by Rs 49 to Rs 3,474 per quintal in futures trade as traders reduced their positions following a weak trend in the spot market.
On the NCDEX, cottonseed oil cake contracts for September delivery fell by Rs 49, or 1.41 per cent, to Rs 3,474 per quintal in a business turnover of 31,930 lots.
Analysts said selling by traders at current levels amid sluggish market sentiment mainly led to the fall in cottonseed oil cake prices.
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