Cottonseed Oil Cake Futures Rise on Demand
By Rediff Money Desk, New Delhi Jul 31, 2024 14:25
Cottonseed oil cake futures prices increased on Wednesday due to rising demand for cattle feed and fresh bets by speculators. Learn more about the market trends.
![Cottonseed Oil Cake Futures Rise on Demand](https://im.rediff.com/money/2016/jan/13oil.jpg)
New Delhi, Jul 31 (PTI) Cottonseed oil cake prices on Wednesday rose Rs 8 to Rs 2,853 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 8 or 0.28 per cent at Rs 2,853 per quintal with an open interest of 54,900 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 8 or 0.28 per cent at Rs 2,853 per quintal with an open interest of 54,900 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
Source: PTI
Read More On:
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
- GTL Infrastructure
- 2.90 ( -1.69)
- 39214315
- Vodafone Idea L
- 16.27 (+ 0.31)
- 39205258
- YES Bank Ltd.
- 26.50 (+ 3.15)
- 34956677
- Suzlon Energy Ltd.
- 69.35 (+ 1.61)
- 22603407
- Comfort Intech
- 17.60 ( -8.76)
- 21669591
MORE NEWS
![Tata Steel Q1...](https://im.rediff.com/80-80/money/2017/feb/24steel1.jpg)
Tata Steel Q1 Profit Surges 75% to Rs 918 cr
Tata Steel's net profit jumped 75% to Rs 918.57 crore in the April-June quarter, driven...
![Vedanta Demerger...](https://im.rediff.com/80-80/money/2015/jan/05anil.jpg)
Vedanta Demerger Approved by BSE, NSE: Six...
Vedanta Ltd receives clearance from BSE and NSE for its proposed demerger, paving the...
![Women Face Bias...](https://im.rediff.com/80-80/money/2015/apr/06women.jpg)
Women Face Bias at Work: Aon Study
Aon study reveals 42% of women surveyed face bias at work, highlighting the need for...