Cottonseed oil cake futures prices rose on Thursday due to increased demand for cattle feed and speculation. Learn more about the market trends.
New Delhi, Apr 18 (PTI) Cottonseed oil cake prices on Thursday rose Rs 7 to Rs 2,573 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 April delivery traded higher Rs 7 or 0.27 per cent at Rs 2,573 per quintal with an open interest of 860 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices.
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