Cottoseed oil cake prices hardened by Rs 20 to Rs 1,230 per quintal in futures trade today following heavy buying on the back of higher spot markets sentiment.
Marketmen said restricted supply and pick-up in demand at physical markets mainly led trading sentiments in futures price of cottonseed oilcake.
At the National Commodity and Derivatives Exchange, cottonseed price for delivery in March moved up by Rs 20, or 1.65%, at Rs 1,230 per quintal, revealing an open interest of 93,290 lots.
The April contract gained Rs 20, or 1.62%, to Rs 1,254 per quintal, persisting an open interest of 81,080 lots.