New Delhi, Cottonseed oil cake prices on Thursday increased by Rs 16 to Rs 2,248 per quintal in futures trade as speculators created fresh positions driven by firm spot demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for delivery in March traded up by Rs 16, or 0.72 per cent, to Rs 2,248 per quintal with an open interest of 1,13,580 lots.
For delivery in April, cottonseed oil cake gained Rs 19, or 0.84 per cent, to Rs 2,275 per quintal with an open interest of 51,290 lots.
Marketmen said raising of positions by participants amid a rising demand from cattle-feed makers mainly influenced cottonseed oil cake prices here. PTI