Cottonseed Oil Cake Futures Rise on Demand

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Jan 03, 2025 14:24

Cottonseed oil cake futures climbed on the National Commodity and Derivatives Exchange due to increased demand for cattle feed and fresh positions by speculators.
New Delhi, Jan 3 (PTI) Cottonseed oil cake prices on Friday climbed Rs 11 to Rs 2,745 per quintal in futures trade as speculators created fresh positions amid higher demand.

On the National Commodity and Derivatives Exchange, cottonseed oil cake for February delivery traded higher by Rs 11 or 0.40 per cent at Rs 2,745 per quintal with an open interest of 26,490 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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