Stories

Representational image (Image: News18)
N
News18•15-10-2026, 12:15
Cottonseed Oil Cake Futures Rise on Fresh Bets and Strong Demand
  • •Cottonseed oil cake prices rose by Rs 5 to reach Rs 3,659 per quintal in futures trade on Thursday.
  • •The price increase was driven by speculators creating fresh positions amid rising market demand.
  • •On the National Commodity and Derivatives Exchange, the December delivery contract traded higher with an open interest of 16,800 lots.
  • •Traders expanding their positions to meet the increasing 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 and increasing requirements for cattle feed.

Cottonseed oil cake futures are traded on the National Commodity and Derivatives Exchange.

Cottonseed oil cake for December delivery traded higher by Rs 5, or 0.14 percent, reaching Rs 3,659 per quintal.