India, Oct. 12 -- Cottonseed oil cake futures prices rose by Rs 54, or 1.51%, to Rs 3,620 per quintal on Monday, supported by fresh positions taken by speculators amid rising demand.
On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake contracts for December delivery traded higher at Rs 3,620 per quintal, with an open interest of 17,610 lots.
Market participants attributed the price increase to traders expanding their positions amid growing demand for cattle feed, which supported cottonseed oil cake futures.
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