Cottonseed Oil Cake Futures Rise: Fresh Bets
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Cottonseed oil cake futures prices rise on fresh bets amid higher demand. December delivery trades higher. Read more.
New Delhi, Nov 11 (PTI) Cottonseed oil cake prices on Tuesday rose Rs 5 to Rs 2,895 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 5 or 0.17 per cent at Rs 2,895 per quintal with an open interest of 16,890 lots.
Marketmen said the widening of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded higher by Rs 5 or 0.17 per cent at Rs 2,895 per quintal with an open interest of 16,890 lots.
Marketmen said the widening of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
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