New Delhi, Jun 28 (PTI) Cottonseed oil cake prices strengthened by Rs 20.50 to Rs 1,555 per quintal in futures trade today as participants accumulated fresh positions, influenced by a firming trend at the physical markets. Also Read - IRFC IPO: Price Band to Subscription Details, All You Need to Know
Marketmen said fresh positions built by participants in line with a firm trend at the spot markets on strong demand from animal feed makers against tight stocks position led to the rise in cottonseed oil cake prices at futures market here. Also Read - Tandav In Trouble: I&B Ministry Asks Clarification From Amazon Prime Video
At the National Commodity and Derivatives Exchange, cottonseed oil cake delivery to be delivered in July contract hardened by Rs 20.50 or 1.34 per cent to Rs 1,555 per quintal, with an open interest of 1,35,410 lots. Also Read - Farmers Prepared To Protest Till May 2024: BKU Leader Rakesh Tikait
Similarly, the delivery for August contract rose by Rs 20 or 1.27 per cent to Rs 1,601 per quintal, in an open interest of 58,600 lots.
This is published unedited from the PTI feed.