Cottonseed oil cake futures declined 0.54% on Monday as weak spot market demand prompted traders to reduce their positions.

On the National Commodity and Derivatives Exchange (NCDEX), July cottonseed oil cake contracts fell by Rs 20 to Rs 3,670 per quintal, with an open interest of 53,270 lots.

Market analysts attributed the decline to subdued demand and selling pressure from market participants at prevailing price levels.