Cottonseed oil cake prices rose in futures trade on Friday due to increased demand and speculation. Read more about the market trends.
New Delhi, Jun 21 (PTI) Cottonseed oil cake prices on Friday rose Rs 4 to Rs 2,792 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 July delivery traded higher by Rs 4, or 0.14 per cent, at Rs 2,792 per quintal with an open interest of 62,420 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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