As a result of market players adjusting their positions in reaction to unfavorable patterns observed in the spot market, the prices of cottonseed oil cake dropped by Rs 3, reaching a total of three thousand five hundred fifty rupees per quintal in futures trading on Friday.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for May delivery saw a decrease of Rs 3, which is equivalent to 0.08 percent. The price of the quintal reached Rs 3,551, and there was an open interest of 52,140 lots.

The participants in the market engaged in a sell-off at the current levels, which contributed to the downward pressure on the prices of cottonseed oil cake in an atmosphere where the market was not particularly appealing.