Cottonseed oil cake futures up on spot demand
Mar 5, 2020, 12:49 IST
New Delhi, Mar 5 () Cottonseed oil cake prices on Thursday traded up by Rs 29 to Rs 1,767 per quintal in futures trade as participants raised their positions in line with positive spot demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for delivery in March traded higher by Rs 29, or 1.67 per cent, to Rs 1,767 per quintal with an open interest of 57,680 lots.
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Likewise for delivery in April, cottonseed oil cake traded up by Rs 26, or 1.48 per cent, to Rs 1,786 per quintal with an open interest of 60,910 lots.
Marketmen said raising of positions by participants amid a rising demand from cattle-feed makers mainly influenced cottonseed oil cake prices here. VHP RUJRUJ(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)