New Delhi, April 6 The prices of cottonseed oil cake rose by Rs 35 to Rs 3,600 per quintal in futures trading on Monday, as speculators created new positions due to increased demand.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for May delivery traded higher by Rs 35, or 0.96 percent, to Rs 3,600 per quintal, with an open interest of 25,630 lots.
Market participants said that the increased demand for cattle feed, along with the widening of positions, mainly influenced the prices of cottonseed oil cake.