Cottonseed Oil Cake Futures Drop Amid Weak Spot Demand

• Cottonseed oil cake prices fell by Rs 26 to Rs 3,376 per quintal in futures trade.
• The decline was observed on Monday, following weak trends in the spot market.
• On the National Commodity and Derivatives Exchange, February delivery contracts traded lower by 0.76 percent.
• Open interest for February delivery stood at 41,400 lots.
• Analysts attribute the price drop to a sell-off by participants and a subdued market trend.

Why It Matters: Cottonseed oil cake futures declined due to reduced participant bets and weak spot market demand.