Cottonseed Oil Cake Futures Rise on Demand
Nov 23, 2023 14:39
Cottonseed oil cake futures surged on the National Commodity and Derivatives Exchange due to increased demand for cattle feed. Learn more.
New Delhi, Nov 23 (PTI) Cottonseed oil cake prices on Thursday rose by Rs 33 to Rs 2,985 per quintal in futures trade as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded higher by Rs 33 or 1.11 per cent at Rs 2,985 per quintal with an open interest of 44,670 lots.
Marketmen said participants created new positions amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
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