Cottonseed Oil Cake Futures Rise on Demand
By Rediff Money Desk, New Delhi Nov 21, 2024 14:06
Cottonseed oil cake futures gained on the National Commodity and Derivatives Exchange due to increased demand for cattle feed and fresh positions by speculators.
New Delhi, Nov 21 (PTI) Cottonseed oil cake prices on Thursday rose Rs 18 to Rs 2,702 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 18 or 0.67 per cent at Rs 2,702 per quintal with an open interest of 17,880 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 December delivery traded higher by Rs 18 or 0.67 per cent at Rs 2,702 per quintal with an open interest of 17,880 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
- Vodafone Idea L
- 6.92 ( -2.67)
- 72059799
- Srestha Finvest
- 0.62 ( 0.00)
- 44282249
- Suzlon Energy Ltd.
- 65.46 (+ 4.99)
- 29304981
- Standard Capital
- 1.00 ( -2.91)
- 19038103
- AvanceTechnologies
- 0.95 ( 0.00)
- 17869009
MORE NEWS
Cooperatives Key to Developed India: Haryana CM
Haryana CM Nayab Singh Saini emphasizes the crucial role of cooperatives in building a...
Haryana CM Meets South Korean Delegation,...
Haryana Chief Minister Nayab Singh Saini met with a South Korean delegation, inviting...
India to Enact Data Privacy Law, Encourages...
India is set to introduce a legal framework for data privacy, aiming to facilitate free...