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Cottonseed oil cake futures gain on upbeat cues

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Press Trust of India New Delhi
Last Updated : Aug 26 2019 | 2:10 PM IST

Cottonseed oil cake prices rose 0.98 per cent to Rs 3,147 per quintal in futures trade on Monday as speculators extended their holdings in tune with a firm trend at the spot market.

Market players mentioned the rise in cottonseed oil cake futures to expansion of portfolios by investors gaining steam from upbeat market demand.

On the National Commodity and Derivatives Exchange, cottonseed oil cake contracts for September was trading up by Rs 30.5, or 0.98 per cent, to Rs 3,147 per quintal with an open interest of 33,630 lots.

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First Published: Aug 26 2019 | 2:10 PM IST

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