The prices of cottonseed oil cake witnessed a decrease of Rs 16, ultimately settling at Rs 2,941 per quintal in futures trading. This decline occurred as market participants reduced their positions in response to unfavorable patterns observed in the spot market.

As the cottonseed oil cake contract for December delivery on the National Commodity and Derivatives Exchange witnessed a decline, trading down by ₹16, which is equivalent to a decrease of 0.54%, it ultimately settled at Rs 2,941 per quintal. In total, there were 18,200 lots available for purchase.

According to market observers, the majority of the downward pressure on cottonseed oil cake prices was caused by a combination of factors, the most significant of which was a divestment by stakeholders at present price points and a poor market trend.