New Delhi, May 18 (PTI) Cottonseed oil cake prices on Monday increased by Rs 49 to Rs 2,019 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 June traded up by Rs 49, or 2.38 per cent to Rs 2,019 per quintal with an open interest of 46,390 lots.
Likewise for delivery in July cottonseed oil cake traded higher by Rs 41, or 1.96 per cent, to Rs 2,135 per quintal with an open interest of 5,750 lots.
Marketmen said raising of positions by participants amid a rising demand from cattle-feed makers mainly influenced cottonseed oil cake prices here. PTI SRS SHW SHW