Cottonseed Oil Cake Futures Rise on Demand
Cottonseed oil cake futures prices rose on Wednesday due to increased demand for cattle feed, prompting speculators to create fresh positions.
New Delhi, Mar 5 (PTI) Cottonseed oil cake prices on Wednesday rose Rs 14 to Rs 2,588 per quintal in futures trade as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for April delivery traded higher by Rs 14 or 0.54 per cent at Rs 2,588 per quintal with an open interest of 29,730 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 April delivery traded higher by Rs 14 or 0.54 per cent at Rs 2,588 per quintal with an open interest of 29,730 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
You May Like To Read
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback