Cottonseed oil cake prices shot up

Cottonseed oil cake prices shot up by Rs 123 to Rs 3,584 per quintal in futures trade on Thursday, tracking an upbeat trend in physical markets due to spot demand.

On the National Commodity and Derivatives Exchange, cottonseed oil cake contracts for September delivery traded higher by Rs 123, or 3.57 per cent, at Rs 3,584 per quintal with an open interest of 15,690 lots.

However, cottonseed oil cake contracts for December delivery traded lower by Rs 24, or 1.1 per cent