Cottonseed oil cake prices progressed by Rs 15 to Rs 2,146 per quintal in future trading today following immense buying by operators, guided by firm physical markets.
Marketmen said strong demand for cattle-feed makers triggered by tight supplies from growing regions in spot markets mainly led to rise here in future trading.
At the National Commodity and Derivative Exchange, cottonseed oil cake delivery for most traded first contract April month gained by Rs 15 or 0.70 per cent to Rs 2,146 per quintal, in an open interest of 85,730 lots.
Cottonseed oil cake delivery for the second contract may month also rose by a similar margin or 0.69 per cent to Rs 2,183 per quintal, showing an open interest of 79,340 lots.
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