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 22 (PTI) Cottonseed oil cake prices on Wednesday increased by Rs 12 to Rs 3,432 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 12, or 0.35 per cent, to Rs 3,432 per quintal with an open interest of 59,340 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 12, or 0.35 per cent, to Rs 3,432 per quintal with an open interest of 59,340 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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