Cottonseed oil futures fall due to moderate demand – cottonseed oil futures fall due to moderate demand

Cottonseed oil futures fall due to moderate demand – cottonseed oil futures fall due to moderate demand

NEW DELHI, May 27 (PTI) Traders saw a decrease in the size of their deals in view of a weak trend in the spot market, causing the price of Binaulatel Khali to fall by Rs 21 to Rs 2,548 per quintal on Thursday in futures trade.

Market analysts said that selling of traders at the current level mainly due to weak trend in the spot market led to a loss in the cotton futures prices.

At NCDEX, the delivery contract for Binoulatel Khali lost Rs 21, or 0.82 per cent, to Rs 2,548 per quintal, with a turnover of 1,01,680 lots.

In the month of July, the delivery contract of Binoulatel Khali fell by Rs 18 or 0.68 per cent to Rs 2,637 per quintal with a turnover of 23,110 lots.

#Cottonseed #oil #futures #fall #due #moderate #demand #cottonseed #oil #futures #fall #due #moderate #demand

See also  Hero motocorp to start operations partially from 17 May in units of Haryana, Uttarakhand - Hero motocorp to start partially functioning in units of haryana uttarakhand from may 17

Leave a Comment

close