Cottonseed oil cake futures rise on fresh bets
New Delhi, Nov 7 (PTI) Cottonseed oil cake prices on Tuesday rose by Rs 8 to Rs 2,923 per quintal in futures trade, as speculators created fresh positions amid higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded higher by Rs 8 or 0.27 per cent at Rs 2,923 per quintal with an open interest of 47,330 lots.
Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices. PTI SGC DRR
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