Cottonseed Oil Cake Futures Rise on Demand

Sep 25, 2024 14:49

Cottonseed oil cake futures prices rose on Wednesday due to increased demand for cattle feed and fresh bets from speculators. Read more.

New Delhi, Sep 25 (PTI) Cottonseed oil cake prices on Wednesday rose Rs 31 to Rs 3,011 per quintal in futures trade as speculators created fresh positions amid a higher demand.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded higher by Rs 31 or 1.03 per cent at Rs 3,011 per quintal with an open interest of 17,980 lots.

Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.

Source: PTI

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Cottonseed Oil Cake Futures Rise on Demand

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