India, June 2 -- Cottonseed oil cake prices moved higher in futures trade on Tuesday as traders built fresh positions amid improving demand conditions.
On the National Commodity and Derivatives Exchange, the June delivery contract gained Rs 10, or 0.28%, to Rs 3,603 per quintal, with an open interest of 45,990 lots.
The contract had settled at Rs 3,593 per quintal in the previous session. Market participants attributed the uptick in prices to fresh buying interest and higher demand, which supported sentiment in the cottonseed oil cake futures market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....