Cottonseed oil cake prices on Thursday climbed Rs 39 to Rs 2,209 per quintal in futures trade due to accumulation of positions amid upbeat trend in spot market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake contracts for January delivery rose by Rs 39, or 1.80 per cent, to Rs 2,209 per quintal in 62,260 lots.
Cottonseed oil cake contracts for February went up by Rs 37, or 1.69 per cent, to Rs 2,231 per quintal in 40,090 lots.
Marketmen said raising of positions by participants amid rising demand from cattle-feed makers mainly influenced cottonseed oil cake prices here.
Disclaimer: No Business Standard Journalist was involved in creation of this content
