Cottonseed oil cake futures rise on fresh bets

Cottonseed oil cake futures rise on fresh bets

New Delhi, Nov 20 (PTI) Cottonseed oil cake prices on Monday rose by Rs 14 to Rs 2,918 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 14 or 0.48 per cent at Rs 2,918 per quintal with an open interest of 39,600 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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