Cottonseed Oil Cake Futures Rise
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Cottonseed oil cake futures prices increased due to fresh bets and higher demand. May delivery traded higher. Learn more!
New Delhi, Apr 10 (PTI) Cottonseed oil cake prices on Friday increased by Rs 8 to Rs 3,530 per quintal in futures trade, as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for May delivery traded higher by Rs 8, or 0.23 per cent, to Rs 3,530 per quintal with an open interest of 42,040 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 May delivery traded higher by Rs 8, or 0.23 per cent, to Rs 3,530 per quintal with an open interest of 42,040 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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