Cottonseed Oil Cake Futures Rise on Demand
By Rediff Money Desk, New Delhi Jul 18, 2024 14:45
Cottonseed oil cake futures prices rose on Thursday due to increased demand for cattle feed. Speculators created fresh positions, driving up prices on the National Commodity and Derivatives Exchange.
New Delhi, Jul 18 (PTI) Cottonseed oil cake prices on Thursday rose Rs 7 to Rs 2,883 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 July delivery traded higher by Rs 7 or 0.05 per cent at Rs 2,883 per quintal with an open interest of 980 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 July delivery traded higher by Rs 7 or 0.05 per cent at Rs 2,883 per quintal with an open interest of 980 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.79 (+ 9.72)
- 60211179
- Thinkink Picturez
- 1.85 (+ 4.52)
- 56806760
- Vodafone Idea L
- 8.12 (+ 0.50)
- 48801033
- GTL Infrastructure
- 2.32 (+ 9.95)
- 37724252
- Standard Capital
- 0.99 (+ 1.02)
- 29317005
MORE NEWS
Bank of Baroda Launches Loans for MSMEs
Bank of Baroda introduces 'Baroda Mahila Swavalamban' for women entrepreneurs and...
RBI Cuts CRR: Bankers Welcome Move, Expect...
The Reserve Bank of India (RBI) has cut the cash reserve ratio (CRR) by 0.50%, leading...
Vishal Mega Mart IPO: Price Band, Dates & Details
Vishal Mega Mart's IPO opens next week with a price band of Rs 74-78 per share. The...