Cottonseed Oil Cake Futures Surge on Demand
By Rediff Money Desk, New Delhi Aug 23, 2024 14:18
Cottonseed oil cake futures rose on the National Commodity and Derivatives Exchange, driven by increased demand and speculation. Prices climbed Rs 64 to Rs 2,915 per quintal.
New Delhi, Aug 23 (PTI) Cottonseed oil cake prices on Friday rose Rs 64 to Rs 2,915 per quintal in futures trade as speculators created fresh positions amid a higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for September delivery traded higher by Rs 64 or 1.93 per cent at Rs 2,915 per quintal with an open interest of 26,680 lots.
Marketmen said the raising 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 September delivery traded higher by Rs 64 or 1.93 per cent at Rs 2,915 per quintal with an open interest of 26,680 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 15.63 ( -4.17)
- 51716103
- Srestha Finvest
- 1.94 ( -1.02)
- 39556969
- Inventure Growth & S
- 2.47 ( -19.81)
- 31916723
- Genpharmasec Ltd
- 3.51 ( -4.88)
- 21009955
- GTL Infrastructure
- 2.68 ( -0.37)
- 16825789
MORE NEWS
Google to Explore Pixel 8 Manufacturing, AI...
Google signs MoU with Tamil Nadu government to explore Pixel 8 manufacturing, AI skill...
Assam Govt Focuses on Tea Quality, Urges...
Assam Chief Secretary calls for prioritizing quality over quantity in tea production,...
Mumbai Property Registrations to Rise 7% in August
Property registrations in Mumbai's municipal region are expected to increase by 7% in...