India, Oct. 22 -- Cottonseed oil cake futures prices rose by Rs 15, or 0.41%, to Rs 3,632 per quintal on Thursday, supported by fresh position-building by speculators amid improving demand.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for December delivery traded Rs 15 higher at Rs 3,632 per quintal, with an open interest of 16,330 lots.
Market participants attributed the price increase to traders expanding their positions amid rising demand for cattle feed, which supported cottonseed oil cake futures.
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