Cottonseed oil cake futures prices rose on Tuesday due to increased demand for cattle feed, driven by speculators creating new positions.
New Delhi, Nov 5 (PTI) Cottonseed oil cake prices on Tuesday rose Rs 6 to Rs 2,975 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 6 or 0.20 per cent at Rs 2,975 per quintal with an open interest of 18,090 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
Home » Market News » Cottonseed Oil Cake Futures Rise on Demand
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.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback