New Delhi, March 27 Prices of cottonseed oil cake rose by Rs 40 to Rs 3,559 per quintal in futures trading on Friday, as speculators created fresh positions due to increased demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for April delivery traded higher by Rs 40, or 1.14 per cent, to Rs 3,559 per quintal with an open interest of 53,160 lots.
It had closed at Rs 3,519 per quintal in the previous session.
The agricultural commodity market, NCDEX, remained closed on Thursday due to Ram Navami.
Market participants said that the increasing demand for cattle feed mainly influenced the prices of cottonseed oil cake.