Cottonseed Oil Cake Futures Rise on Demand','meta_description':'Cottonseed oil cake futures rose on Wednesday due to increased demand for cattle feed. Speculators created fresh positions, driving prices up to Rs 2,759 per quintal.
New Delhi, Mar 26 (PTI) Cottonseed oil cake prices on Wednesday rose Re 1 to Rs 2,759 per quintal in futures trade as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for April delivery traded higher by Re 1 or 0.04 per cent at Rs 2,759 per quintal with an open interest of 69,060 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 April delivery traded higher by Re 1 or 0.04 per cent at Rs 2,759 per quintal with an open interest of 69,060 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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