New Delhi, Apr 6 (PTI) Cottonseed oil cake prices went up by Rs 13 to Rs 1,388 per quintal in futures trade today on accumulation of bets by participants in line with the rising physical demand.
At the National Commodity and Derivatives Exchange, cottonseed oil cake for delivery in April increased by Rs 13, or 0.95 per cent, to Rs 1,388 per quintal, having an open interest of 92,790 lots.
Cottonseed for delivery in May gained Rs 12.50, or 0.90 per cent, to Rs 1,405.50 per quintal, having a business turnover of 1,27,860 open lots.
Marketmen said, the rise in cottonseed oil cake prices at futures trade was mostly due to raising of bets by participants amid a firm trend at the spot markets on brisk demand from animal feed makers.
This is published unedited from the PTI feed.