Cottonseed Oil Cake Futures Rise
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Cottonseed oil cake futures prices increase on fresh bets amid higher demand. March delivery trades higher. Learn more!
Illustration: Uttam Ghosh/Rediff.com
New Delhi, Feb 4 (PTI) Cottonseed oil cake prices on Wednesday increased by Rs 2 to Rs 3,402 per quintal in futures trade as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for March delivery traded higher by Rs 2, or 0.06 per cent, at Rs 3,402 per quintal with an open interest of 34,760 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 March delivery traded higher by Rs 2, or 0.06 per cent, at Rs 3,402 per quintal with an open interest of 34,760 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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