Cottonseed Oil Cake Futures Rise
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Cottonseed oil cake futures prices increase on fresh bets. April delivery rises to Rs 3,385 per quintal on NCDEX.
New Delhi, Mar 4 (PTI) Cottonseed oil cake prices on Wednesday increased Rs 32 to Rs 3,385 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 32, or 0.95 per cent, at Rs 3,385 per quintal with an open interest of 17,440 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 April delivery traded higher by Rs 32, or 0.95 per cent, at Rs 3,385 per quintal with an open interest of 17,440 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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