Cottonseed oil cake futures rise on fresh bets

Cottonseed oil cake futures rise on fresh bets

New Delhi, Nov 16 (PTI) Cottonseed oil cake prices on Thursday rose by Rs 8 to Rs 2,952 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 2,952 per quintal with an open interest of 41,560 lots.

Marketmen said the raising of positions by participants amid increasing demand for cattle feed mainly influenced cottonseed oil cake prices. PTI SGC SHW

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