mandi bhav of india

- Advertisement -

Cottonseed Oil Cake Futures Rise On Fresh Bets

new Delhi, Cottonseed oil cake prices on Tuesday increased by Rs 57 to Rs 2,592 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 December traded up by Rs 57, or 2.25 per cent, to Rs 2,592 per quintal with an open interest of 29,630 lots.

Marketmen said raising of positions by participants amid a rising demand from cattle-feed makers mainly influenced cottonseed oil cake prices here.

(PTI)