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Cottonseed oil cake futures rise on fresh bets

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NewsDrum Desk
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New Delhi, Mar 25 (PTI) Cottonseed oil cake prices on Friday increased by Rs 19 to Rs 3,305 per quintal in the 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 April traded up by Rs 19 or 0.58 per cent to Rs 3,305 per quintal with an open interest of 93,990 lots.

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

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