New Delhi, March 6 The prices of cottonseed oil cake increased by Rs 10 to Rs 3,362 per quintal in futures trading on Friday, as speculators created new positions due to higher demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for April delivery traded higher by Rs 10, or 0.30 percent, at Rs 3,362 per quintal with an open interest of 21,800 lots.
Market participants said that the increase in positions by participants, mainly driven by increasing demand for cattle feed, mainly influenced the prices of cottonseed oil cake.
