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Cottonseed Oil Cake Futures Rise on Fresh Bets Amidst Higher Demand
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News18•29-09-2026, 12:00
Cottonseed Oil Cake Futures Rise on Fresh Bets Amidst Higher Demand
- •Cottonseed oil cake prices increased by Rs 6 to Rs 3,425 per quintal in futures trade on Tuesday.
- •The rise is attributed to speculators creating fresh positions and higher demand in the market.
- •On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded higher by 0.17 per cent.
- •Open interest for December delivery stood at 12,960 lots.
- •Marketmen noted that increased demand for cattle feed primarily influenced the price hike.
Key Questions Answered
Cottonseed oil cake prices rose as speculators created fresh positions amid higher demand.
Cottonseed oil cake futures are traded on the National Commodity and Derivatives Exchange.
Market participants reported that an increasing demand for cattle feed is the main factor influencing cottonseed oil cake prices.
