India, June 19 -- Cottonseed oil cake futures moved higher on Friday as traders built fresh positions amid improving demand in the market.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for July delivery gained Rs 16, or 0.44%, to Rs 3,654 per quintal, with an open interest of 51,190 lots.
According to market participants, increased demand for cattle feed encouraged traders to expand their positions, supporting the rise in cottonseed oil cake futures prices.
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