Cottonseed Oil Cake Futures Rise
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Cottonseed oil cake futures prices increased due to fresh bets and higher demand. June delivery traded higher. Learn more!
New Delhi, May 14 (PTI) Cottonseed oil cake prices on Thursday increased by Rs 8 to Rs 3,560 per quintal in futures trade, as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for June delivery traded higher by Rs 8, or 0.22 per cent, to Rs 3,560 per quintal with an open interest of 50,750 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 June delivery traded higher by Rs 8, or 0.22 per cent, to Rs 3,560 per quintal with an open interest of 50,750 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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