Cottonseed Oil Cake Futures Rise on Demand - PTI
Cottonseed oil cake futures prices rose on Wednesday on the National Commodity and Derivatives Exchange due to increased demand for cattle feed.
New Delhi, Aug 14 (PTI) Cottonseed oil cake prices on Wednesday rose Rs 7 to Rs 2,903 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 August delivery traded higher by Rs 7 or 0.41 per cent at Rs 2,903 per quintal with an open interest of 17,050 lots.
Marketmen said the raising 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 August delivery traded higher by Rs 7 or 0.41 per cent at Rs 2,903 per quintal with an open interest of 17,050 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
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