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Cottonseed oil cake futures drop on physical sentiment
Cottonseed oil cake prices looked down by Rs 11 to Rs 1,710 per quintal in futures trade today as participants liquidated holdings, tracking a weak trend at the physical markets. Marketmen said offloading of the positions by speculators following a weak trend at the domestic spot markets on increased supplies from growing regions largely on timely arrival of monsoon rains, mainly weighed on cottonseed oil cake prices at futures trade here.
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