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Cottonseed oil cake futures rise

New Delhi,  Cottonseed oil cake prices on Monday increased by Rs 44 to Rs 2,924 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 August traded up by Rs 44, or 1.53 per cent, to Rs 2,924 per quintal with an open interest of 51,390 lots.

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