Cottonseed oil cake futures rise on fresh bets
For delivery in January, cottonseed oil cake traded higher by Rs 5, or 0.23 percent, to Rs 2,149 per quintal with an open interest of 23,010 lots.
By PTI |
Agencies
Cottonseed oil cake prices on Friday rose by Rs 6 to Rs 2,125 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 6, or 0.28 per cent, to Rs 2,125 per quintal with an open interest of 33,750 lots.
For delivery in January, cottonseed oil cake traded higher by Rs 5, or 0.23 per cent, to Rs 2,149 per quintal with an open interest of 23,010 lots.
Marketmen said raising of positions by participants amid a rising demand from cattle-feed makers mainly influenced cottonseed oil cake prices here.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for delivery in December traded up by Rs 6, or 0.28 per cent, to Rs 2,125 per quintal with an open interest of 33,750 lots.
For delivery in January, cottonseed oil cake traded higher by Rs 5, or 0.23 per cent, to Rs 2,149 per quintal with an open interest of 23,010 lots.
Marketmen said raising of positions by participants amid a rising demand from cattle-feed makers mainly influenced cottonseed oil cake prices here.
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