Cottonseed Oil Cake Futures Rise on Demand
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Cottonseed oil cake futures prices rise on fresh bets amid higher demand. Check the latest market trends and analysis.
New Delhi, Sep 8 (PTI) Cottonseed oil cake prices on Monday rose Rs 4 to Rs 2,943 per quintal in futures trade as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded higher Rs 4 or 0.14 per cent at Rs 2,943 per quintal with an open interest of 6,020 lots.
Marketmen said the widening 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 Rs 4 or 0.14 per cent at Rs 2,943 per quintal with an open interest of 6,020 lots.
Marketmen said the widening of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
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