Cottonseed Oil Cake Futures Rise on Demand
Cottonseed oil cake futures prices rose on Thursday due to increased demand for cattle feed and speculator activity. Read more on the NCDEX.
New Delhi, Mar 27 (PTI) Cottonseed oil cake prices on Thursday rose by Rs 10 to Rs 2,777 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 10 or 0.36 per cent at Rs 2,777 per quintal with an open interest of 68,190 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 10 or 0.36 per cent at Rs 2,777 per quintal with an open interest of 68,190 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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