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Cottonseed oil cake prices decreased by Rs 26 to Rs 2,676 per quintal in futures trade on Friday as traders reduced their bets due to weak trends in spot markets. On the National Commodity and Derivatives Exchange, cottonseed oil cake for June delivery dropped by Rs 26 or 0.97 percent to Rs 2,676 per quintal, with an open interest of 52,390 lots. Analysts noted that a sell-off by traders at current levels, combined with a subdued market trend, primarily contributed to the decline in cottonseed oil cake prices.
