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Cottonseed oil cake futures gain on positive cues

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Press Trust of India New Delhi

Cottonseed oil cake prices rose 1.28 per cent to Rs 3,237 per quintal in futures trade on Friday as speculators indulged in expanding 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.

On the National Commodity and Derivatives Exchange, cottonseed oil cake contracts for September was trading up Rs 41, or 1.28 per cent, at Rs 3,237 per quintal with an open interest of 31,590 lots.

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First Published: Aug 30 2019 | 2:10 PM IST

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