Cottonseed oil cake prices experienced a decline of Rs 18, settling at Rs 3,656 per quintal in futures trade on Thursday. This decrease can be attributed to participants scaling back their positions in response to unfavourable trends observed in the spot market.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for July delivery experienced a decline of Rs 18, or 0.49 per cent, settling at Rs 3,656 per quintal, accompanied by an open interest of 49,990 lots.

Analysts indicated that a sell-off by participants at current levels, in the context of a subdued market trend, exerted downward pressure on cottonseed oil cake prices.