Cottonseed oil cake futures prices declined by Rs 16, or 0.44%, to Rs 3,613 per quintal on Tuesday, as traders reduced their positions amid a weak trend in the spot market.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for December delivery traded lower at Rs 3,613 per quintal, with an open interest of 17,490 lots.
Analysts attributed the decline to selling by market participants at prevailing levels and subdued market sentiment.