Cottonseed oil cake futures gained on the National Commodity and Derivatives Exchange due to increased demand for cattle feed and speculator activity.
New Delhi, Oct 23 (PTI) Cottonseed oil cake prices on Wednesday rose Rs 3 to Rs 3,036 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 December delivery traded higher by Rs 3 or 0.07 per cent at Rs 3,036 per quintal with an open interest of 19,290 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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