Cottonseed Oil Cake Futures Rise
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Cottonseed oil cake futures prices rise on fresh bets. January delivery up Rs 13 to Rs 2,974/quintal on NCDEX due to higher demand.
New Delhi, Dec 9 (PTI) Cottonseed oil cake prices on Tuesday rose Rs 13 to Rs 2,974 per quintal in futures trade as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for January delivery traded higher by Rs 13 or 0.44 per cent at Rs 2,974 per quintal with an open interest of 17,820 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 January delivery traded higher by Rs 13 or 0.44 per cent at Rs 2,974 per quintal with an open interest of 17,820 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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