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Cottonseed Oil Futures Drop Amid Weak Demand
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News18•24-09-2026, 13:45
Cottonseed Oil Futures Drop Amid Weak Demand
- •Cottonseed oil cake prices fell by Rs 14 to Rs 3,436 per quintal in futures trade.
- •The decline was attributed to participants reducing their bets following a weak trend in the spot market.
- •On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded lower by 0.41 per cent.
- •Open interest for December delivery stood at 11,960 lots.
- •Analysts noted that a sell-off by participants at existing levels amidst a subdued market trend contributed to the price drop.
Key Questions Answered
Prices of cottonseed oil cake fell by Rs 14 to Rs 3,436 per quintal in futures trade as participants reduced their bets following a weak trend in the spot market. Analysts noted that a sell-off by participants at existing levels amid a subdued market trend weighed on prices.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded lower at Rs 3,436 per quintal with an open interest of 11,960 lots.
Cottonseed oil cake futures have seen recurring drops driven by weak spot market trends, such as a drop of Rs 16 to Rs 3,353 per quintal on September 16, a decline of Rs 4 to Rs 3,322 per quintal on September 1, and a fall of Rs 22 to Rs 3,264 per quintal on August 27.